Ashok Leyland may test Rs 120, says Vijay Chopra

Vijay Chopra of enochventures.com told CNBC-TV18, "Ashok Leyland has been doing the right thing and the numbers have been good, the quarter-on-quarter sales has been increasing. There was a minor blip due to the Chennai flood. All the manufacturing companies in and around Chennai got affected due to the flood but the company will strongly come back. My medium to long-term target for this stock is about Rs 120."Ashok Leyland ended at Rs 87.95, up Rs 0.05, or 0.06 percent.