Besides, is it good time to invest in Ashok Leyland?
Calling Ashok Leyland share price expected rise a huge money-making opportunity for share market investors; Chandan Taparia, Derivative & Technical Analyst at Motilal Oswal said, "Ashok Leyland is a good share to buy at current levels.
Also, can Ashok Leyland be a multibagger? Find out how Ashok Leyland will turn out to be a super multibagger stock for 2020 and 2021. One of the best multibagger stocks 2019 india to have for 2019 to 2021. bet for 100% return in next 1-2 years.
Secondly, is it safe to buy Ashok Leyland shares?
Ashok Leyland is basically a long term story but it's heavily in debt hence risky in ST or LT.So I won't suggest you to invest in it. Its not like it has not made money but you need to be a seasoned investor to enter this cyclical stock at right entry point.
Why did Ashok Leyland fall down?
Amid protests from the minority shareholders and a telling rout in stock prices, the Ashok Leyland board has decided to acquire a lower stake in its subsidiary, Hinduja Leyland Finance (HLFL), slashing the investment to less than a third of the Rs 1,200 crore initially proposed.
