ENTITY
Ashok Leyland

Ashok Leyland (AL IN)

155
Analysis
IndustrialsIndia
Ashok Leyland Limited manufactures medium and heavy duty commercial vehicles, including buses, tractors, dumpsters, haulage trucks, fire engines, and defense sector vehicles. The Company also manufactures industrial & marine engines, ferrous castings and spare parts for automobiles. Ashok Leyland sells its products in India and abroad.
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10 Jan 2023 05:35Broker

Q3fy23 Preview: Margins Likely to Expand

We believe the broad-based earnings momentum which remained robust for multiple quarters is likely to take a brief pause in Q3FY23.

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04 Jan 2023 07:29Broker

Automotive Industry - Robust CVs & Tractor Demand

The domestic CV wholesales registered positive sales momentum as it posted growth of 21%/18% YoY/MoM in Dec’22, driven by the pick-up in...

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03 Jan 2023 07:33Broker

Top Picks - Near-Term Volatile, Continue ‘Buy On Dips’ Strategy for Equities

Axis Top Picks basket outperformed the benchmark by a significant margin as it delivered an impressive return of 11% in 2022 as against 4.3% posted...

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02 Dec 2022 08:10Broker

Axis Top Picks for the Month of December 2022

Axis Top Picks basket delivered impressive returns of 18%/19% in the last 6M/1YR respectively, outperforming the benchmark Index NIFTY 50 by an...

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15 Nov 2022 00:05Broker

HSIE Results Daily: Mahindra & Mahindra, Ashok Leyland, Oil India, AGS Transact

Mahindra & Mahindra: Mahindra & Mahindra’s Q2 adjusted PAT, at INR 23.4bn, came in above our estimate of INR 19.5bn, primarily due to higher-than...

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