Sell Ashok Leyland, target Rs 107: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has sell call on Ashok Leyland with a target price of Rs 107.

The current market price of Ashok Leyland is Rs 112.10.

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

Manas Jaiswal recommended to keep a stop loss at Rs 114.50.

Ashok Leyland, incorporated in the year 1948, is a Large Cap company (having a market cap of Rs 33,339.72 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.

Company has M S Krishnaswami & Rajan as its auditors.

As on 30-09-2017, the company has a total of 2,926,534,926 shares outstanding.