Hero Honda is an avoid: Sonam Udasi, IDBI Capital
As compared to the competitors, Hero Honda will have the lowest growth possible.
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| Sonam Udasi, Head of Research, IDBI Capital, in a chat with ET Now talks about Hero Honda.
How are you viewing Hero Honda? Do you recommend an avoid completely?
As compared to the competitors, it will have the lowest growth possible. TVS is looking at a very very buoyant number. Bajaj Auto looking at equally buoyant number but that is not what our analysts suggest for Hero Honda. It will be a laggard. So purely from that perspective, we are saying that our top buy is TVS, Bajaj Auto and then Hero Honda. So within two wheelers Hero Honda is obviously an avoid.
How are you viewing Hero Honda? Do you recommend an avoid completely?
As compared to the competitors, it will have the lowest growth possible. TVS is looking at a very very buoyant number. Bajaj Auto looking at equally buoyant number but that is not what our analysts suggest for Hero Honda. It will be a laggard. So purely from that perspective, we are saying that our top buy is TVS, Bajaj Auto and then Hero Honda. So within two wheelers Hero Honda is obviously an avoid.
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