Buy Ashok Leyland Ltd, target Rs 110: Kunal Bothra

Independent Analyst Kunal Bothra has a buy call on Ashok Leyland with a target price of Rs 110.
The current market price of Ashok Leyland is Rs 102.55.
Time period given by analyst is intraday when Ashok Leyland price can reach defined target. Kunal Bothra recommended to keep stoploss at Rs 97.
Ashok Leyland, incorporated in the year 1948, is a Large Cap company (having a market cap of Rs 29748.23 crore) operating in Auto sector.
The company’s top management includes Dr.Andreas H Biagosch, Dr.Andrew C Palmer, Mr.A K Das, Mr.D L Balaji Rao, Mr.Dheeraj G Hinduja, Mr.Jean Brunol, Mr.Jose Maria Alapont, Mr.Manisha Girotra, Mr.R J Shahaney, Mr.Sanjay K Asher, Mr.Shardul S Shroff, Mr.Sudhindar K Khanna, Mr.Vinod K Dasari. Company has M S Krishnaswami & Rajan as its auditors.