Buy Ashok Leyland on dips: Sandeep Wagle

Sandeep Wagle of powermywealth.com told CNBC-TV18, "The long-term on Ashok Leyland is positive but there can be some choppiness in the short-term, so in case of a correction one can add on. The stoploss could be a little far away and I would recommend a stoploss of only Rs 73, nothing above that. I would talk of a one year target of around Rs 110 or so."

Ashok Leyland ended at Rs 84.90, up Rs 0.80, or 0.95 percent on the BSE.