Phani Sekhar of Karvy Stock Broking is of the view that Hero Motocorp a good opportunity for investors.
Phani Sekhar of Karvy Stock Broking told CNBC-TV18, "Disclosure being that we hold Hero Motocorp in our portfolios. At lower level it does tell you that auto stocks especially at these valuations especially in the two wheelers segment, a stock like Heromoto represents the domestic growth story still hold a lot of interest. So I am not particularly perturbed by this discount being given in the block deal."
"I don't know why the stock was down five percent, all that I know is that it seems to be a good opportunity for investors," he added.
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