Buy Ashok Leyland, says Gaurang Shah

Gaurang Shah of Geojit BNP Paribas told CNBC-TV18, "You need to be careful what you are buying. If you see your capital getting eroded, you should take appropriate steps at an appropriate time. Having said that, if one want to shift from Man Industries and Suzlon Energy, my advice would be to go and buy into an Ashok Leyland, trading at about Rs 90-91, a pure commercial vehicle play and we expect this particular company to do extremely well."At 15:00 hrs Ashok Leyland was quoting at Rs 91.60, down Rs 0.10, or 0.11 percent on the BSE.