Tuesday, September 7, 2010

Hero Honda shares down in a strong market

Honda Motor Corp's exit from the world's largest two-wheeler manufacturer Hero Honda is apparently stuck over differences in valuation of its 26 per cent stake. Sources close to the companies told Hindustan Times that so far Honda has only informed Munjals, the promoters of Hero Group who holdAt present, with the Hero Honda share trading at Rs 1,736, Honda's stake is worth overRs 9,000 crore but

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