Ashok Leyland Buy Call – Target Price Rs. 152/-
ICICI Direct has placed a buy call on Ashok Leyland Company with a target price of Rs. 152/- is Currently the market price of this share is Rs. 145.7/- is
This company was established in 1948 and is a large cap company. The market capitalization is Rs.42,770.63/- Crore.
The product and revenue section includes commercial vehicles, spare parts, engines, gensets, scrap, export incentives.
In the quarter ending March, the company has seen an increase in total income of 49.16% which is Rs. 9957.95/- Crore. Last year in this quarter this amount was Rs. 8176.73/- Crore.
Ashok Leyland has promoter holding 51.54%, FII 13.45%, DII 21.94%.
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