Buy Ashok Leyland, target Rs 140: Manas Jaiswal

Buy Ashok Leyland Ltd. at a price target of Rs 140.0 and a stop loss at Rs 128 from entry point.

Manas Jaiswal of manasjaiswal.com has a buy call on Ashok Leyland with a target price of Rs 140.

The current market price of Ashok Leyland is Rs 132.90.

Time period given by the analyst is 'Intra Day' when Ashok Leyland price can reach defined target.

Manas Jaiswal recommended to keep a stop loss at Rs 128.

Ashok Leyland, incorporated in the year 1948, is a Large Cap company (having a market cap of Rs 38,901.21 Crore) operating in Auto sector.

The company’s top management includes Dr.Andreas H Biagosch, Dr.Andrew C Palmer, 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.
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Company has M S Krishnaswami & Rajan as its auditors.

As on 31-12-2017, the company has a total of 2,927,104,101 shares outstanding.
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