Buy Ashok Leyland Ltd. target Rs 107.0 : Dr CK Narayan

Dr CK Narayan of Chart Advise has buy call on Ashok Leyland Ltd. with a target price of Rs 107.0 . The current market price of Ashok Leyland Ltd. is 104.25 Time period given by analyst is Intra Day when Ashok Leyland Ltd. price can reach defined target. Dr CK Narayan recommended to keep stoploss at Rs 99.5
Ashok Leyland Ltd., incorporated in the year 1948, is a Large Cap company (having a market cap of ₹ 30509.13 Cr.) operating in Auto sector.

Ashok Leyland Ltd. key Products/Revenue Segments include Commercial Vehicles which contributed ₹ 18872.23 Cr to Sales Value (86.60 % of Total Sales), Spare Parts & Others which contributed ₹ 1672.94 Cr to Sales Value (7.67 % of Total Sales), Engine & Gensets which contributed ₹ 406.97 Cr to Sales Value (1.86 % of Total Sales), Other Operating Revenue which contributed ₹ 245.81 Cr to Sales Value (1.12 % of Total Sales), Ferrous Castings which contributed ₹ 239.04 Cr to Sales Value (1.09 % of Total Sales), Other Services which contributed ₹ 200.98 Cr to Sales Value (0.92 % of Total Sales), Scrap which contributed ₹ 82.46 Cr to Sales Value (0.37 % of Total Sales) and Export Incentives which contributed ₹ 70.28 Cr to Sales Value (0.32 % of Total Sales)for the year ending 31-Mar-2017.