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Exit Kingfisher, buy Ashok Leyland: expert

PUBLISHED ON: May 22, 2012 | Duration: 21 min, 58 sec

  
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A.K. Prabhakar, senior vice-president, equity research, Anand Rathi, says one should exit Kingfisher in any good rally as it is not easy to revive the airline. In fact, he advises staying away from airline stocks entirely. Speaking about auto stocks, he says these companies are doing decently and every dip should be seen as an opportunity to buy Ashok Leyland stocks.
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