BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Nomura recommends buy on Ashok Leyland
"We expect the MHCV industry to benefit from the overloading restriction and improving industrial activity in the medium term. This should benefit higher tonnage vehicles more, which is positive for Ashok Leyland," the brokerage says.