Profit

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

NSE
108.10
Change Change %
-10.90 -9.16%

Updated:14 Nov, 2018, 12:34 PM IST

BSE
108.10
Change Change %
-10.95 -9.20%

Updated:14 Nov, 2018, 12:39 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Credit Suisse
N/A
02-08-2016 Sell 91.60 77.00
N/A
Target Hit Long (1Y)
02-08-2017

Credit Suisse downgrades Ashok Leyland to underperform

Credit Suisse has downgraded Ashok Leyland to "underperform" from "neutral" with a target price of Rs 77. Commercial vehicles volume is likely to disappoint going forward. We reduce FY17 volume growth estimates to 12 per cent from 22 per cent earlier, which results in 15 per cent reduction in target price at Rs 77.

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