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Ashok Leyland shares fall over 6% after CLSA maintains 'Underperform' call

Updated : June 29, 2020 01:48 PM IST

CLSA has maintained its 'Underperform' rating on the stock but raised the target price to Rs 53 from Rs 47 per share earlier.
CLSA believes that the truck cycle is likely to revive only in FY22.
Ashok Leyland shares fall over 6% after CLSA maintains 'Underperform' call

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