
Please like and subscribe to the channel for more updates and press the bell icon for more notifications from the channel.
Before looking at this chart, Ashok Leyland gives great returns when there is the start of the cyclical recovery. I remember in the first half of 2014 the stock was beaten down because of a lot of issues in company and industry, was trading around Rs.17 and company went up to Rs. 90 in the initial months of 2015. The company rallied because of a cyclical recovery in the industry.
I can across an interesting article by Yes Securities and one of their picks was Ashok Leyland, History indicates that Ashok Leyland stock appreciates 30-200 percent in a 12-18-month window after a cyclical peak in multiples (as earnings recover.
I can agree no less as I have had the investment of this company during that period and would like everyone to keep this stock on radar and do research and invest in the company after assessing your investment plans. If the earning cycle picks up, this company will benefit big time
#ashokleyland #ashokleylandshare #ashokleylandcompany
One of the best books I have read, Benjamin Graham on value investing, "The Intelligent Investor". I would suggest you all read this book to avoid investment errors, it definitely helps to develop own strategy for long term investment. Below is my link which leads to Amazon, you can read the book to increase your knowledge.
The Dhandho Investor: The Low-Risk Value Method to High Returns -
In another book by Peter Lynch, his book elaborates on the many advantages that an average investor has over professionals and how they can help them reach financial triumph.
GoPro Hero7 CHDHX-701-RW Camera(Black) -
Acer Predator Helios 300 Core i7 - For rendering videos -
OnePlus 7 - for audio recording -
Disclaimer - This content is intended to be used and must be used for educational purposes only. Please do your own analysis before making any investment based on your own personal circumstances and consult your financial advisor.
0 Comments