I have ashoklyland @38.70 can i hold are not
About: Company: Ashok Leyland Ltd.
Recommendation: Hold the stock.
Ashok Leyland is engaged in the manufacture and sale of commercial vehicles, and in the production and marketing of special vehicles and engines for industrial, genset and marine requirements. Ashok Leyland offers a range of products, including 18 seater to 82 seater double-decker buses, 7.5 ton to 49 ton haulage vehicles, numerous special application vehicles, and diesel engines for industrial, marine and genset applications. Its principal products include buses, trucks, engines, and defence and special vehicles. The AVIA product range includes D120 and D100, the 12T and 10T models powered by the 4.5 L Cummins ISB Euro IV engine with selective catalytic reduction (SCR) technology. In May 2007, it launched ALTRUX. In October 2006, it acquired the Truck Business Unit of Prague-based AVIA a.s. The company was renamed AVIA Ashok Leyland Motors s.r.o.
The company holds sound fundamentals with increase in the net profit by 5.3 % YOY ...more