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LORD JESUS CHRIST SAYS

But I say to you, Love your enemies and pray for those who persecute you, so that you may be sons of your Father who is in heaven; for he makes his sun rise on the evil and on the good, and sends rain on the just and on the unjust.

4 Nov 2018

STOCK MARKET--Can we buy Ashok Leyland shares?


Before deciding whether you should buy Ashok Leyland stocks or not, you must take these points into consideration:
·         In the financial year 2017-18, the Y-O-Y revenue and net profit growth were noted to be 33% and 40% respectively and the revenue and net profit growth for the financial year 2017-18 was estimated to be 24% and 28% respectively.
·         The demand for the commercial vehicle with high tonnage was predicted to be high for the financial year 2018-19.
·         Ashok Leyland has shown a 21 percent jump in medium and heavy commercial vehicles sales during the month of September 2018
·         For the period April-September 2018, the total sales rose by 35%
Considering the developments in the company since last 2 years, we can say that, it is safe to invest in Ashok Leyland shares. The company’s margins are also expected to stay up because of higher capacity utilization and improvement in the operating leverage

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