Buy Ashok Leyland; target of Rs 179: Geojit Financial Services

Geojit Financial Services research report on Ashok LeylandAshok Leyland Ltd. (AL) is the second-largest Commercial Vehicle (CV) manufacturer in India. It has a strong presence in the truck segment, with a domestic MHCV market share of ~31% for FY26. AL reported its highest ever Q1 revenue of Rs. 9…