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Ashok Leyland Finance Moneycontrol.com Buy Ashok Leyland; target of Rs 32: Angel Broking Moneycontrol.com Angel Broking is bullish on Ashok Leyland and has recommended buy rating on the stock with a target of Rs 32 in its February 3, 2012 research report. "Ashok Leyland's (AL) 3QFY2012 results were significantly below our (as well as consensus) estimates ... and more » Ashok Leyland - 'Dost' A Burden On Profitability; Downgrade to 'ACCUMULATE ... Equity Bulls Ashok Leyland's (AL) Q3FY12 results were disappointing as the LCV 'Dost' diluted the profitability. Incremental 8% contribution of LCV 'Dost' to overall volumes led to a 2.1% QoQ decline in blended realisations. However, raw material cost per vehicle ... Hindu Business Line With more power to his ambition Hindu Business Line Twenty-six years ago, Mr Chellappan, an employee of Ashok Leyland, chucked his job to do what he grew to be “passionate about” – making uninterruptible power supply systems. Those were the early days of computerisation and UPS systems were badly needed ... and more » Moneycontrol.com Ashok Leyland Q3 net up 54 per cent The Hindu Ashok Leyland has reported higher sales and profit in the quarter ended December 31, 2011. Net sales and other income were higher at Rs. 2879.80 crore against Rs. 2227.24 crore in the quarter ended December 31, 2010. The gross profit has risen to ... Ashok Leyland Jan sales surge 34%; targets 25% market shareMoneycontrol.com Ashok Leyland profit rises 54%, short of expectationsLivemint Ashok Leyland Q3 net up 54%Moneylife Personal Finance site and magazine Economic Times -Fox Business -Myiris.com all 30 news articles » Zigwheels.com Ashok Leyland Jan Bus - The hi-tech, low cost approach Zigwheels.com Not any longer if one has to go by Ashok Leyland's novel approach with its Jan bus There is something about the 'can do' spirit which has been imbibed by many of our Indian OEMs as they grapple with the onerous task of delivering worthwhile solutions ... 'Buy' Ashok Leyland; target Rs 34: Nomura Myiris.com Nomura Financial Advisory & Securities has recommended `Buy` on Ashok Leyland (Q,N,C,F)* with a price target of Rs 34 as against the current market price (CMP) of Rs 29 in its report dated Feb. 1, 2012. The broking house gave the following rationale: ... Business Standard 'Accumulate' Ashok Leyland; target Rs 30: PL Myiris.com Prabhudas Lilladher (PL) has maintained `Accumulate` on Ashok Leyland (Q,N,C,F)* with a price target of Rs 30 as against the current market price (CMP) of Rs 27 in its report dated Feb. 2, 2012. The broking house gave the following rationale: Ashok ... Discounts at Ashok Leyland don't go down well with investorsLivemint Ashok Leyland Q3 net up 54%Business Standard all 7 news articles » Ashok Leyland Ltd - Q3FY12 Result Update - Emkay Equity Bulls - Results significantly below est. with Adj. EBIDTA at Rs 2.4bn (est.-Rs 2.9bn), APAT at Rs 979mn (est-Rs1.1bn) - Mgmt. expects industry growth at ~4-6% in FY13 with AL market share at ~25%. We factor in ~9% YoY for AL in FY13 - Factor in Nissan LCV ... and more » Sell Ashok Leyland, says Sukhani Moneycontrol.com He further added, "Ashok Leyland has become a sell. It was a buy till last week and then a very disappointing numbers and the charts have broken down from support levels and that's exactly my point. This can happen to any other stock also.

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