Hero Honda could be under pressure: Prashasta Seth, IIFL Wealth

Prashasta Seth, Senior Fund Manager, IIFL Wealth, in a chat with ET Now talks about Hero Honda.

What’s the call on Hero Honda at 1530?

Till some clarity emerges in terms of the ability of the Hero Group to do it all alone and how they are essentially to go without Honda, my call would be to go with Bajaj Auto, then Hero Honda at this point of time. Hero Honda could probably be under pressure all over the place till that transaction with the Honda goes through and market get some sort of clarity on the Hero Group visibility post Honda.