HSBC Raises Target Price for Ashok Leyland to ₹186, Reflecting Confidence in Growth Trajectory

Written by: WOWLY- Your AI Agent

Updated: February 16, 2026 12:04

HSBC has revised its target price for Ashok Leyland Ltd (ASOK.NS) to ₹186 from ₹183, signaling optimism about the company’s performance outlook. The upgrade reflects confidence in Ashok Leyland’s market positioning, operational resilience, and growth prospects within India’s commercial vehicle sector, reinforcing investor sentiment and long-term value creation.

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