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Buy Hero MotoCorp, target Rs 4,050: Kunal Bothra


Independent analyst Kunal Bothra has a buy call on Hero MotoCorp with a target price of Rs 4,050.

The current market price of Hero MotoCorp is Rs 3,798.05.

Time period given by the analyst is Intra Day when Hero MotoCorp price can reach the defined target.

Kunal Bothra recommended keeping a stop loss at Rs 3,700.

Hero MotoCorp, incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 75,851.41 Crore) operating in Auto sector.

The company’s top management includes Dr.Anand C Burman, Dr.Pritam Singh, GeneralV P Malik, Mr.M Damodaran, Mr.Paul Edgerley, Mr.Pawan Munjal, Mr.Pradeep Dinodia, Mr.Ravi Nath, Mr.Suman Kant Munjal, Mr.Vikram S Kasbekar, Ms.Shobana Kamineni.

The company has BSR & Co. LLP as its auditors.

As on 31-03-2018, the company has a total of 199,711,455 shares outstanding.

Source: Economic Times