Item: Ashok Leyland Ltd.
Rating: 5
Author: ICICI Securities Limited

Ashok Leyland

Buy: Ashok Leyland Ltd.

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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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Name	Companies Held
Hitesh Ramji Javeri	50
Mahendra Girdharilal	50
Sangeetha S	50
Dheeraj Kumar Lohia	45
Globe Capital Market Ltd	42

Name	Companies Held
Hdfc Trustee Company Limited	112
Reliance Capital Trustee C...	103
Birla Sun Life Trustee Com...	72
General Insurance Corporat...	60
President Of India	56

Name	Returns(%)
Name	Week	Month	Year
Quant Active Fund - Reg - G	1.08%	0.37%	19.56%
UTI - Equity Fund. - Reg - G	0.12%	5.34%	13.46%
HDFC Multi-Asset Fund - Reg - G	-1.48%	1.75%	11.02%
IDFC Focused Equity Fund - Reg - G	-0.70%	1.84%	9.57%
Canara Robeco Bluechip Equity Fund - Reg - G	-0.94%	4.19%	8.70%

Name	Returns(%)
Name	Week	Month	Year
DHFL Pramerica Midcap Opportunities Fund - Reg - G	-1.05%	0.04%	30.73%
DSP Small Cap Fund - Reg - G	1.61%	2.77%	19.83%
Union Small Cap Fund - Reg - G	-0.69%	-0.56%	18.00%
Kotak Small Cap Fund - Reg - G	0.17%	1.57%	15.08%
UTI - Mid Cap Fund - Reg - G	0.41%	0.70%	14.66%

Name	Returns(%)
Name	Week	Month	Year
Parag Parikh Long Term Equity Fund - Reg - G	-0.60%	0.90%	21.18%
DHFL Pramerica Diversified Equity Fund - Reg - G	-1.81%	1.75%	16.72%
Quant Mid Cap Fund - Reg - G	-0.02%	-0.85%	15.58%
Taurus Ethical Fund - Reg - G	-0.57%	1.74%	14.20%
Baroda Mid-cap Fund - Reg - G	0.51%	1.45%	13.19%

Ashok Leyland Ltd.

Ashok Leyland

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