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Buy Ashok Leyland, target Rs 135: Sagar Doshi

ETMarkets.com|
Jan 03, 2018, 08.32 AM IST
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Sagar Doshi of Edelweiss Financial Services has a buy call on Ashok Leyland with a target price of Rs 135.

The current market price of Ashok Leyland is Rs 123.30.

Time period given by the analyst is 'Intra Day' when Ashok Leyland price can reach defined target.

Sagar Doshi recommended to keep a stop loss at Rs 118.

Ashok Leyland, incorporated in the year 1948, is a Large Cap company (having a market cap of Rs 36,091.19 Crore) operating in Auto sector.

The company's top management includes Dr.Andreas H Biagosch, Dr.Andrew C Palmer, Mr.D L Balaji Rao, Mr.Dheeraj G Hinduja, Mr.Jean Brunol, Mr.Jose Maria Alapont, Mr.Manisha Girotra, Mr.R J Shahaney, Mr.Sanjay K Asher, Mr.Shardul S Shroff, Mr.Sudhindar K Khanna, Mr.Vinod K Dasari.

Company has M S Krishnaswami & Rajan as its auditors.

As on 30-09-2017, the company has a total of 2,926,534,926 shares outstanding.
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Disclaimer: This recommendation is analyst's own and does not represent those of economictimes.com & ETMarkets.com. Please consult your financial advisor before taking any position in the stock/s mentioned.

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