Hold Ashok Leyland, says Kunal Bothra

Written By Unknown on Senin, 29 September 2014 | 18.00

Kunal Bothra of LKP Securities advises holding Ashok Leyland.

Kunal Bothra of LKP Securities told CNBC-TV18, " Ashok Leyland is good for some more. The previous high was close to Rs 42-42.50 for Ashok Leyland and looking at the last two days of momentum with the market have picked up and this is one of the few stocks which has picked up. So, if the investor can hold on for a couple of days more then rate of Rs 42.50 or Rs 43 could be possible,"

Ashok Leyland ended at Rs 41.20, up Rs 1.45, or 3.65 percent.

The share touched its 52-week high Rs 42.65 and 52-week low Rs 15.33 on 16 September, 2014 and 26 September, 2013, respectively.


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