BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Nirmal Bang Recommends 'Buy' On Ashok Leyland
According to Nirmal Bang, auto and auto ancillary companies are expected to report strong growth in October-December earnings, driven by a V-shape recovery across segments and a leaner cost of operations due to cost-cutting measures. Pent-up demand, increased preference for personal mobility and strong rural sentiments have helped revive the sector, the brokerage adds.