Commercial vehicle manufacturer Ashok Leyland’s strong Q3 performance was driven by a better mix, price hikes and commodity costs (healthy margins). The stable demand environment and improving pricing power should boost earnings. AL is the best play on the CV cycle recovery, along with market share recovery and the expansion of revenue/profit pools. We raise […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices NSE Nifty and BSE Sensex opened lower as a result of negative global cues to shift between gains and losses amid volatility. The equity markets closed flat with Nifty settling at 18,122 while Sensex closed 0.03% lower at 60,910. Bank Nifty shed 0.07% […]
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