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Moneycontrol.com >> Message Board >> View Messages >> Ashok Leyland
   You are here :     Moneycontrol     MMB      Stocks      Ashok Leyland
Very good Stock (2)   26-Jun-08 10:29Tracked by (0)  
Posted by:   shakti5385 on ( 26-Jun-08 10:29 )
Price : BSE: Rs 31.20 ( 0.65 % ), NSE: Rs. 31.20 ( 0.65 % )
s net profit went up 5% YOY and net sales went up 12% YOY during Q4FY08. Its focus on non-cyclical businesses such as passenger buses, sale of components, supply to defense and exports would cushion domestic business cyclicality in the long-term. It has entered into an initial agreement to form three joint ventures with Nissan Motor for the development, manufacture and distribution of LCV products, where ALL has near-zero presence.

Very good stock for long term.


shaktibanna.blogspot dot com/2008/06/ashok-leyland.html

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