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Moneycontrol.com >> Message Board >> View Messages >> Ashok Leyland
   You are here :     Moneycontrol     MMB      Stocks      Ashok Leyland
short and long term gain (4)   19-Jun-08 15:16Tracked by (0)  
Posted by:   venkataramani on ( 19-Jun-08 15:16 )
Price : BSE: Rs 33.35 ( 0.15 % ), NSE: Rs. 33.20 ( -0.30 % )
On 17th july08,you will get tax free dividend of Rs.1.50 on 33.30 investment. So extrapolating for one year, it will come to around 24%. There is greater chance of appreciation in long term as there is lot of chance for this stock to rise when right offer for nisson comes. Also there is consistant growth is also there and when sensex increase, it will increase with vengeance and reach 40. Happy investing. Mutual funds should take this opportunity to purchase. Strike when iron is Hot.

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