Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
122.30
Change Change %
-3.50 -2.78%

Updated:21 Sep, 2018, 15:59 PM IST

BSE
122.55
Change Change %
-3.25 -2.58%

Updated:21 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Morgan Stanley
N/A
19-05-2015 Sell 70.80 60.00
N/A
Closed Custom
19-05-2016

Morgan Stanley Maintains Sell on Ashok Leyland

Morgan Stanley has maintained its underweight stance on Ashok Leyland with target price of Rs 60. It says the stock is riding on high expectations. It says risk reward looks unattractive as valuations are at 20 times its FY17 forward earnings.

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