Ashok Ley­land BSE Code: 500477 CMP: ₹118

Dalal Street Investment Journal - - CONTENTS -

The Hin­duja group flag­ship Ashok Ley­land re­ported 25 per cent in­crease in to­tal sales for the month of Au­gust. More­over, the sign­ing of the me­moran­dum of un­der­stand­ing (MOU) on co­op­er­a­tion with Rus­sia’s Rosoboronex­port has opened the way for com­mer­cial ve­hi­cle spe­cial­ist to make an ag­gres­sive bid for In­dian Army’s Fu­tur­is­tic In­fantry Com­bat Ve­hi­cle (FICV) pro­ject. Con­sid­er­ing the good prospects for the com­pany, in­vestors or traders can ac­cu­mu­late this stock.

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