Buy Ashok Leyland on dips with long term view: Nirmal Bang

Nirmal Bang Securities has recommended investors to buy shares of Ashok Leyland on dips with an investment perspective.

MUMBAI: Nirmal Bang Securities has recommended investors to buy shares of Ashok Leyland on dips with an investment perspective.

“Buy on dips from a long term view. The structure looks positive if it holds 51 in the near term. On the higher side, if it crosses and holds above 55 then we see the stock achieving a target of Rs 60-63,” said the brokerage firm.

Shares of the company were trading at Rs 53.70, down 0.65 per cent on the NSE.
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