hero honda

[lawrieking]

Need help on Hero Honda... it has been dragging feet and not moving above the 750 levels at all.. i picked it over 800. Does it look like it will touch new highs or should i exit.

thanks your help.

 

[alpha1]

Fundamentally I believe Hero Honda is doomed.

They don't have any new models up their sleeves. (no am not talking about retouched modesl like "new" CBZ or "new" Karizma)
100 cc mobikes market is loosing the growth fizz. The market is still large, but it aint gonna grow at as large pace as 125 and 150cc.

HH has no technical competency without Honda.
Honda (motorcycles) has already entered Indian markets on their own (eg Unicorn).


What has HH to fall back onto?

 

[MaxBombay]

brother i think hero honda will not make it more then 750-770 in next 3-6 months.

 

[lawrieking]

Dear Alpha and Max,

Thanks your insight. I shall exit HH and move to some healthier stock next opportunity strikes.

Any take on KPIT , Unitech and IPCL as i hold good nos of these stocks.

regards