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CLSA believes near-term outlook improving in CV space; likes Ashok Leyland, Shriram Transport Finance

Updated : September 28, 2020 02:46 PM IST

In a recent report focussed mainly on commercial vehicles (CV), brokerage house CLSA said that it believes the near-term outlook is on an improving trend.
The brokerage noted that vehicular movement is now smooth except for a few localized lockdowns in containment zones and the freight rates are also stable.
CLSA believes near-term outlook improving in CV space; likes Ashok Leyland, Shriram Transport Finance

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