Prefer Maruti Suzuki, Ashok Leyland: Ambareesh Baliga

Ambareesh Baliga, Market Expert told CNBC-TV18, "Mahindra and Mahindra (M&M) has been an underperformer, after that the numbers were slightly better than expected. So, you had this stock appreciating, but then if one wants to be a serious investor in this space, one should be looking at Maruti Suzuki and Ashok Leyland. I do not think one should be looking at Mahindra and Mahindra."Ashok Leyland ended at Rs 96.05, up Rs 2.45, or 2.62 percent.