Buy Ashok Leyland, target Rs 145: Dharmesh Shah

Buy Ashok Leyland Ltd. at a price target of Rs 145.0 and a stop loss at Rs 121 from entry point.

Dharmesh Shah of ICICI Direct has a buy call on Ashok Leyland with a target price of Rs 145.

The current market price of Ashok Leyland is Rs 129.45.

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

Dharmesh Shah recommended to keep a stop loss at Rs 121.

Ashok Leyland, incorporated in the year 1948, is a Large Cap company (having a market cap of Rs 37,891.36 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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