Stock market analysts are of the view that investors can buy Hero Honda Motors Ltd stock to achieve an intraday target of Rs 1716.

According to them, investors can buy the stock with a strict stop loss of Rs 1687.

If the stock markets remain on the positive path then the stock price will hit a target above Rs 1732.

Shares of the company, on Wednesday (Dec 09), closed at Rs 1700.95 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 1797.80 and a low of Rs 746.70 on BSE.

Current EPS & P/E ratio of the stock stood at 90.13 & 18.60 respectively.

Honda Motorcycle & Scooter India (HMSI), the wholly owned arm of the Honda Motor Company, Japan, has made entry into the entry level bike section by rolling out its first 110 cc bike 'CB Twister' in front of senior Honda functionaries.

While the company has not revealed the actual cost, the newly launched bike is likely to be priced around Rs 42,000 (ex-showroom, Delhi.

'CB Twister' will hit the market in three versions and will be marketed from February 2010.

The actual cost of the bike will be declared by next month's Delhi Auto Expo.