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Buy Ashok Leyland, says Rahul Shah

Rahul Shah of Motilal Oswal advises buying Ashok Leyland.

December 21, 2015 / 13:38 IST
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Rahul Shah of Motilal Oswal told CNBC-TV18, "If you look at it in a commercial vehicle pack, I think both Tata Motors and Ashok Leyland look good, but my pack would be Ashok Leyland, the stock has been in sideways for quite some time and it has given a support at Rs 86 levels. So, that support should hold good. So, with a stoploss of that, I would buy with a target of Rs 95."At 13:27 hrs Ashok Leyland was quoting at Rs 89.25, down Rs 0.40, or 0.45 percent.

first published: Dec 21, 2015 01:38 pm

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