Ashok Leyland Ltd.

NSE: ASHOKLEY | BSE: 500477 | ISIN: INE208A01029 |Industry: Commercial Vehicles
|Momentum Trap
79.25 -1.05 (-1.31%)
NSE Oct 29, 2020 10:59 AM
Volume: 11.3M
 

Ashok Leyland Ltd.    
23 Sep 2020
79.25
-1.31%
buy
ICICI Securities Limited
Seminal year for industry provides interesting insights However, amid all the gloom, the engineering and production prowess of the industry (along with its value chain) shone brightly as it successfully completed the world's fastest switchover to Euro 6 equivalent emission norms i.e. BS-VI as per schedule. Much of the post festive period was focused on the transition, with the entire ecosystem estimated to have spent ~| 70,000 crore towards the technological leap. Covid-19 crisis struck India in the run up to April 2020, just as the changeover...
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Axis Direct increased Buy price target of Ashok Leyland Ltd. to 90.0 on 12 Oct, 2020.
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