bearish

Ashok Leyland

Ashok Leyland (AL IN) | Outperforming but Warrants Caution

339 Views21 Jun 2022 22:14
Ashok Leyland (AL IN)'s volumes & cash flows for FY22 have been impressive, but market share gains are vulnerable and the capital allocation track record remains poor warranting a caution.
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Pranav Bhavsar
Consumer Analyst / Channel Surveillance Specialist
Trudence Capital Advisors
IndiaConsumer Discretionary & Consumer StaplesEquity Bottom-Up
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