Page 3 - Ashok Leyland Ltd News

Auto upcycle is here, says Morgan Stanley; Upgrades Maruti, Eicher, Hero

Among companies, Maruti Suzuki is expected to gain market share with new SUV launches and a revival in first-time buyers, prompting the brokerage to raise its target from ₹14,262 to ₹18,360.

Auto stocks in fast lane: rally up to 6%; M&M, Ashok Leyland hit new highs

In the past one month, the BSE Auto index has outperformed the market by soaring nearly 15 per cent, as compared to 1.4 per cent gain in BSE Sensex.

Top three stock picks today: Here's what makes Angel One analyst bullish

Ashok Leyland, Dixon Technologies and NMDC are among the top stock picks by Rajesh Bhosale of Angel One

Hinduja Group to invest ₹7,500 cr in TN, AstraZeneca to expand GITC

The Hinduja Group will target cell and battery manufacturing for Tamil Nadu's EV ecosystem, while AstraZeneca will invest ₹716 crore to expand its Chennai innovation and tech centre

Nomura backs auto rally post-GST cut; M&M, TVS Motor, Hyundai in fast lane

Nomura expects the GST cut to spark a volume surge of 5-10 per cent across categories, with passenger vehicles (PVs) and two-wheelers leading the growth.

Ashok Leyland forays into battery ecosystem; Nomura analyses implications

Nomura noted that management remains mindful of internal rate of return (IRR) and intends to step up into full-fledged cell manufacturing only if reasonable returns are visible.

Ashok Leyland rises 4% on inking ₹5,000-cr pact with CALB for batteries

Ashok Leyland shares rose 3.75 per cent on Tuesday and registered an intra-day high at ₹132.8 per share on BSE after the company announced to invest in the development and manufacturing of batteries

Aurobindo, SBI Life, Eternal among top rollovers; 8 stocks to exit F&O

Aditya Birla Fashion, Adani Total Gas, CESC, Granules India, IRB Infrastructure, Jindal Stainless, Poonawala Fincorp and SJVN are the eight stocks to exit derivatives segment post August expiry.