Hero MotoCorp: Up 76% in last 1 year, this auto stock is Axis Securities
Mon, Apr 29, 2024 3:03 PM

Hero MotoCorp: Up 76% in last 1 year, this auto stock is Axis Securities

A Flip by Avya Verma
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Following an almost 76 percent rise in the stock in the last 1 year, domestic brokerage house Axis Securities has picked auto major Hero MotoCorp as its 'top pick of the week'. This is on the back of new product rollout, improvement in two-wheeler (2W) business, robust margin trajectory, and rural recovery. The brokerage has a ‘buy’ call on the stock with a target price of ₹4,935.

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