ENTITY
Ashok Leyland

Ashok Leyland (AL IN)

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Analysis
Industrials • India
Ashok Leyland is an Indian multinational automotive manufacturer and a flagship company of the Hinduja Group. It is the second-largest manufacturer of commercial vehicles in India and the fourth-largest manufacturer of buses globally, offering a comprehensive range of trucks, buses, light commercial vehicles, power solution systems, and defense vehicles. The company was founded in 1948 and is headquartered in Chennai, Tamil Nadu, India.
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bullish•Ashok Leyland
•29 Jun 2021 03:02•Broker

Result Update:Ashok Leyland

We retain our Buy rating on the stock with TP of Rs 150 (Rs. 145 earlier) valuing the stock at 18x its FY23E EPS.

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bullish•Ashok Leyland
•29 Jun 2021 03:02•Broker

HSIE Results Daily: Ashok Leyland, JSW Energy, Repco Home Finance

Repco Home Finance: REPCO's 4QFY21 earnings missed our estimates on account of higher-than-expected charge-offs and higher opex. Business growth...

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