LKP Research has reiterated a BUY call on Hero MotoCorp Limited, assigning a price target of Rs 5,796, representing a potential upside of 19% from its current market price of Rs 4,870.
Ferrari NV, one of the world's most recognizable luxury car brands, has been rated as having a wide economic moat by Morningstar analysts.
Mahindra & Mahindra share price was trading 1.5 percent higher after the company launched two impressive electric vehicles in the Indian market.
Morningstar has recommended a BUY rating for Stellantis NV (NYSE: STLA), highlighting its significant undervaluation.
Volkswagen AG (VWAPY), listed on OTC Markets, is under Morningstar's spotlight as a potential undervalued investment.
Hero MotoCorp, in collaboration with its US-based partner Zero Motorcycles, is nearing the completion of a mid-sized performance electric motorcycle.
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