Ashok Leyland shares rose 3% after posting a 5% YoY increase in December sales, though cumulative sales fell 2%. M&HCV segment saw growth, with shares gaining 28.7% in the last year.
Earnings growth to drive stock selection, limited market upside in near-term: Aniruddha Naha
The last two quarters have been pretty suboptimal in the sense the earnings were below 10%, I think so this quarter will be no different