Ashok Leyland shares hit a record high, brokerages point to second-half recovery

Ashok Leyland shares hit a record high, brokerages point to second-half recovery

Heavy Commercial Vehicles manufacturer Ashok Leyland’s shares rallied 6% on Monday to hit a record high of ₹222.85. This was after the company’s fourth quarter performance was a beat, driven by improved mix and cost-control measures. This resulted in an EBITDA margin expansion of 14.1%. The street is bullish. Here’s a look at Ashok Leyland’s …

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Ashok Leyland shares rise after truck maker stages record Q3 show; what should investors do?

Ashok Leyland shares rise after truck maker stages record Q3 show; what should investors do?

Ashok Leyland share price NSE, Ashok Leyland Q3 results 2024, Ashok Leyland share price target: Ashok Leyland remained on investor’s radar on Tuesday after the commercial vehicle maker staged a record financial performance for the October-December period that beat Street estimates on all parameters. The stock of the Chennai-headquartered automaker—which manufactures a range of commercial …

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