Profit

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

NSE
84.50
Change Change %
1.60 1.93%

Updated:17 May, 2019, 15:59 PM IST

BSE
84.30
Change Change %
1.50 1.81%

Updated:17 May, 2019, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
15-02-2019 Hold 80.10 123.00
N/A
Closed Short (1M)
15-03-2019

Nomura Recommends 'Neutral' On Ashok Leyland

With the medium and heavy commercial vehicle industry expected to peak out, Nomura says its outlook on Ashok Leyland remains weak. The auto maker's margins could come under pressure due to weak operating leverage and high discounts by competition, the brokerage adds.

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