ASHOKLEY | Mid-Term |

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ASHOKLEY
CMP:- 179.95
TARGET :- 191/204/227 +
SL:-164


- Ashok Leyland Posts Gains in Fiscal Q3 Profit.

- ASHOKLEY saw a sharp rise in its attributable consolidated net profit to 5.60 billion Indian
rupees in the fiscal third quarter ended Dec. 31, 2023 from 3.19 billion rupees a year ago.

- Earnings per share was up at 1.91 rupees compared with 1.09 rupees, according to a Monday
filing by the commercial vehicles manufacturer.

- This is not a buy and sell recommendation, do your own research and invest.

Revenue from operations in fiscal Q3 also increased to 110.93 billion rupees from 104 billion rupees a year earlier.
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