Buy Ashok Leyland, target Rs 97: Rahul Shah

Rahul Shah of Motilal Oswal told CNBC-TV18, "We have seen some momentum in the entire auto pack like Tata Motors, Hero Motocorp, TVS Motor Company and Ashok Leyland. Ashok Leyland is one of the best performing stock in the last five-six series. We have seen some longs also getting adding into it. So keep a small stop loss of Rs 91 and with a target of Rs 97, I would buy Ashok Leyland."At 12:42 hrs Ashok Leyland was quoting at Rs 92.90, up Rs 0.75, or 0.81 percent. It has touched an intraday high of Rs 93.50 and an intraday low of Rs 92.25.