HeroMoto corp is trading at a discount of 27% from 52 week high. If anyone is looking for a medium-term or long term investment opportunity, it is a good buy at this price. The risk to reward ratio is 7:1. The target will be 3600.
Some other bluechip stocks which are trading at discount from 52 week high are-
1) Mahindra-25%
2) Biocon-21%
3) Kotak Mahindra bank-20%
4) Tata motors-19%
5) Eicher Motors-19%
6) Airtel-19%
7) HDFC-18%
Some other bluechip stocks which are trading at discount from 52 week high are-
1) Mahindra-25%
2) Biocon-21%
3) Kotak Mahindra bank-20%
4) Tata motors-19%
5) Eicher Motors-19%
6) Airtel-19%
7) HDFC-18%