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Buy Ashok Leyland, VRL Logistics: Sudip Bandopadhyay

Sudip Bandopadhyay, Market Expert is of the view that one can buy Ashok Leyland and VRL Logistics.

March 27, 2017 / 16:46 IST

Sudip Bandopadhyay, Market Expert told CNBC-TV18, "Ashok Leyland were kind of suffering for some time. The performance has not been what we had expected sometime back, so, good news for Ashok Leyland and definitely the stock needs to be looked at. The valuation of Ashok Leyland has corrected significantly, so, one can go ahead and buy Ashok Leyland."

"There are a lot of these operators who operate tourist buses and passenger bus services and they are the consumer of these buses. So, I can talk about VRL Logistics. I think that again should be looked at based on this news and also based on the fact that GST is getting implemented hopefully by July 1. At the current valuation, VRL is an excellent buy," he said.

first published: Mar 27, 2017 04:28 pm

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