Hero Honda an underperformer: FinQuest Securities
FinQuest Securities has rated Hero Honda Motors as an underperformer in its January 21, 2009 research report. “The company increased its EBITDA margins in 3QFY09 as well as 9MFY09 due to decline in key commodity prices mainly in 3QFY09. We believe valuations are rich and 3QFY09 results doesn’t instill much confidence of higher growth in FY10.
We have Underperformer rating in the stock,” says FinQuest Securities’ research report.
source: Moneycontrol
Tags: calls, daytrading, free calls, intraday, tips
Similar Posts:
Latest Query
- by Sam
Search Our Archives
Research Desk
- Stocks Trading above their 50 day moving average - DMA In Stock Research
- Download free Ebooks based on Technical Analysis In Personal Training
- TOP 100 Stocks with the Highest P/E as on July 14th, 2013 In Stock Research
- TOP 100 Stocks with the Lowest P/E as on July 14th, 2013 In Stock Research
- Charting Pathsala - Your guide to Techincals In Technical Analysis