Ashok Leyland on FY20-FY21 guidance

CNBC-TV18 2019-02-20

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The Ashok Leyland stock saw a seesaw ride after the management announced in their earnings conference call that FY20-FY21 will be a flattish year because of the BS-VI transition and pre-buying, which is a big departure from what Mr Dasari's outgoing guidance of 30 percent growth was. Gopal Mahadevan, chief financial officer of Ashok Leyland shared his views and outlook.

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