Stock market analyst Sanjay Surekha is of the view that investors can buy Hero Honda Ltd stock with long term target of Rs 2180.

Mr. Singhvi said that the interested investors can buy the stock with stop loss of Rs 1990.

Today, the shares of the company opened at Rs 2060 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 2094 and a low of Rs 1371 on BSE.

Current EPS & P/E ratio stood at 111.76 and 18.35 respectively.

During the last month (2010), Hero Honda sold around 4.36 lakh bikes in the Indian market.

This is a record for the company as well as a record for the two wheeler market in India.

Mr. Anil Dua, Hero Honda Motors Senior Vice-President (Marketing and Sales) stated, "The 14 per cent growth in May is very satisfying, coming as it does over the high base of our sales last year. We have had significant contribution from all segments resulting in this achievement."

Mr. Dua also said that the company's scooter 'Pleasure' witnessed sales of more than 24,000 units during the last month (May 2010).

Hero Honda is the largest bike maker in the country and with this, they have showed that they are always ready to take on the challenge.