Hold Ashok Leyland, target Rs 110: Sandeep Wagle

Sandeep Wagle of powermywealth.com told CNBC-TV18, "I would hold Ashok Leyland with a stoploss of Rs 70. The stock is now coming back. It was a little sideways or a little sluggish a few weeks back I would say. And if one has a long-term view, I would advise a hold with a stoploss of Rs 70 for target of Rs 110 which is a 3-6 months view. And for next 12-15 months I would talk of a target around Rs 130."At 15:02 hrs Ashok Leyland was quoting at Rs 86.85, down Rs 1.90, or 2.14 percent on the BSE.