BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Short (1M)
Nomura Recommends 'Buy' On Ashok Leyland
According to Nomura, Ashok Leyland's volumes and margins could fall sharply In the near term due to inventory clearance. However, with a consolidated medium- and heavy vehicle industry, margins are likely to rebound with a recovery, the brokerage adds.