Saturday, 9 November 2019

Ashok Leyland Q2 Result.

India's second-largest commercial vehicle maker Ashok Leyland on November 8 reported a massive 92.6 percent year-on-year decline in its net profit at Rs Rs 38.9 crore for the second quarter ended September 30, 2019.
Ashok Leyland had posted a net profit of Rs 527.7 crore in the year-ago period.
The company posted one-time loss of Rs 64.8 crore in Q2FY20 against loss of Rs 19.3 crore in corresponding period last fiscal, due to expenses on voluntary retirement scheme and provision for obligation relating to a subsidiary.

Revenue from operations fell 48.4 percent year-on-year to Rs 3,929.5 crore while volumes dropped 44 percent YoY in Q2 to 28,938 units.
Medium and heavy commercial vehicle volumes declined 56 percent and light commercial vehicle sales dipped 11 percent YoY.

At operating level, earnings before interest, tax, depreciation and amortisation (EBITDA) plunged 72.4 percent year-on-year to Rs 228.6 crore and margin contracted 510bps to 5.8 percent in Q2FY20 YoY.

Disclaimer - make your own research before taking any decision on buy or sell of stock or ask to your financial advisor i have just shared this post for information purpose only.

115 comments:

  1. I have 750 shares of price 87..
    Should i make a stop loss and sell it..?

    ReplyDelete
    Replies
    1. If your view is short term than exit

      If your view is long term than hold as when auto cycle will revive it will also go up

      Delete
  2. Your recommendation had given me the confidence to Buy & hold HDFC AMC @ 1800.Still holding as portfolio stock.Similarly holding Johnson Hitachi @ 1800 level.Do you recommend IRCTC @ Current levels as portfolio stk.Thank You.Please give more Long term Portfolio picks.Thanks a Lot once more.

    ReplyDelete
    Replies
    1. Great
      Irctc buy near 730 if get

      You can buy hdfc life as portfolio pick if get near 500

      Delete
  3. Hello sir,
    I have so many shares of ashok Leyland
    now what to do plz suggest!!?
    Can i hold for long-term or book loss?

    ReplyDelete
    Replies
    1. If your view is short term than exit

      If your view is long term than hold as when auto cycle will revive it will also go up

      Delete
  4. Hello Raj sir,
    Monday is it good to short? If it gap down what levels can we expect.
    Thank you

    ReplyDelete
    Replies
    1. If not open much gap down than you can sell

      Delete
    2. Will it open gap up due to Ayodhya verdict or gap down due to maharashtra situation...???

      Delete
  5. Dear sir

    As u said i have buy jkcement 50 qty@ 1190

    Result is good...tommarrow openning gap up???

    And Pls suggest book profit booking time...at market openinng or hold for more

    ReplyDelete
  6. Any view on ntpc result

    ReplyDelete
  7. Hi Raj Ji
    Is it good to invest in NCC at current price for 1 to 2 years holding
    Your advise please.

    ReplyDelete
    Replies
    1. Invest only in strong fundamental stock avoid NCC

      Delete
  8. Sir thank u �� for hdfc amc
    I just wanted to remind u that u have suggested it in previous year muhurat trade day pick @1410

    ReplyDelete
  9. Akzo Noble sell at opening or Hold

    ReplyDelete
  10. How market will react tomorrow on ayodhya verdict and maharashtra situation....???

    ReplyDelete
  11. I have jk Cement and excel as suggested, pls give the exit level tomorrow

    ReplyDelete
  12. Dear sir

    Kindly advise me long term stocks with quantities to buy.

    Thank you

    ReplyDelete
    Replies
    1. Quantity is as per your wish

      Hdfc
      Hdfc life
      Hdfc amc
      Tata elxsi
      Fine organic
      Britannia
      Voltas
      Havell

      Delete
  13. Rajbhai holding Venky @1920, what SL should I keep??

    ReplyDelete
  14. Sir
    Dr lalpath can buy at cmp.any target price n holding periods
    Thanks

    ReplyDelete
  15. Sir
    Can I accumulate sbi for holding 1 year time frame
    Thanks

    ReplyDelete
    Replies
    1. Yes you can buy on dips

      Otherwise choose strong fundamental bank like hdfc bank ; Kotak Mahindra Bank

      Delete
  16. Good morning Raj,
    Akzoindia open 4-5 % down below SL,
    What to do hold or exit ? Kindly suggest

    ReplyDelete
    Replies
    1. Already SL hit you know it

      Currently much much down from it

      If you can hold for 3-6 months than hold on otherwise exit on rise

      Delete
  17. I bought 50 share of jk cement kya kare abhi hold ya sell???

    ReplyDelete
  18. Sir pls need 2 sureshot atleast
    Continukus Sl hit and Excel Jk cement hugr loss

    ReplyDelete
    Replies
    1. When i will get sure shot type call i will definitely share it

      Delete
  19. Good morning Rajbhai,
    Akzoindia is open dowm and eat SL, any view for hold or exit or other SL?

    ReplyDelete
    Replies
    1. Already SL hit you know it

      Currently much much down from it

      If you can hold for 3-6 months than hold on otherwise exit on rise

      Delete
  20. I hold 1800 shares of gujarat gas bought at 210. Let me time period to hold it to get good returns

    ReplyDelete
    Replies
    1. Better to exit on rise if your view is of 1-2 month

      If your view is of 3-6 months than hold for 225-240

      Delete
  21. Hello sir,

    I hold akzo india 2225 hold aur sell or should i avg. It sir????

    Currently -30k

    ReplyDelete
    Replies
    1. Already SL hit you know it

      Currently much much down from it

      If you can hold for 3-6 months than hold on otherwise exit on rise

      Delete
  22. Sir i am holding akzoindia... should i exit or hold it....

    ReplyDelete
    Replies
    1. Already SL hit you know it

      Currently much much down from it

      If you can hold for 3-6 months than hold on otherwise exit on rise

      Delete
  23. Raj bhai, what is your view on dr lal path lab for long term?

    ReplyDelete
  24. Ur calls on Excel n jk cement hit stop loss.. u have not told to exit ..can we can exit .. pls give proper exit level . Like if stop loss is hit .pls post so that we also exit .. it's request

    ReplyDelete
    Replies
    1. Yes always maintain SL if stock sustainable below sl level than always exit don't wait for update

      Delete
  25. Sir do i exit akzoindia or hold??

    ReplyDelete
    Replies
    1. Already SL hit you know it

      Currently much much down from it

      If you can hold for 3-6 months than hold on otherwise exit on rise

      Delete
  26. Sir pls give me suggestion on AKZOINDIA, I m holding @2234.

    ReplyDelete
    Replies
    1. Already SL hit you know it

      Currently much much down from it

      If you can hold for 3-6 months than hold on otherwise exit on rise

      Delete
  27. Hi Raj,

    I have done a intraday short in ashok leyland cash!

    What could be the closure as per your view?

    ReplyDelete
  28. It looks the stock is going up despite poor showing, is it temporary or has the result not effected the stock ?

    ReplyDelete
  29. Sir aaj IRCTC ka bhi stoploss hit hua hai

    ReplyDelete
    Replies
    1. Definitely it came below 915 but not sustain below it

      As per our rule if stock sustainable below sl than only exit

      Read how to trade in my calls pinned msg

      Delete
  30. Dear sir

    I have buy bajaj electrical 100 qty @ 340....Now running on 320

    Please give your valluable suggestion regarding this script... Please....

    ReplyDelete
    Replies
    1. Currently it is not much down from your price

      330 was major support which is broken
      So exit on rise shift to better fundamental stock

      Buy hdfc life if get near 540-550

      Delete
  31. Hi Sir
    What can ve the target for HDFC AMC BtST call
    Can we hold for 1 or 2 days for another 100 tp 150rs upside?

    ReplyDelete
    Replies
    1. Wait for update when to book

      If want book 50% at 40-50 rs UPMOVE and hold rest with sl of cost price

      Delete
  32. Sir,
    Need your valuable suggestion on reliance industries share. I bought 1480 call @ 20 rupees (November expiry). Should i hold or exit?

    ReplyDelete
  33. after todays bull run in ashok leyland, can we expect further upside ? what ur target for current expiry ?

    ReplyDelete
  34. Hello Raj sir,

    Your view on Zeel... Why it's running from past few days... Iska fundamental achche Ho Gaye kya?

    ReplyDelete
    Replies
    1. Fundamental are nuetral
      Promoters pleading and promoter holding decreasing is main negative in it

      Delete
  35. Sir. Can I accumulate gmm faudler for 1 year holding any view n tp

    ReplyDelete
    Replies
    1. Yes you can buy with view of 2 years.
      Buy on dips

      Delete
  36. Sir Moodys given negative rating for hdfc bk. Is it still buy on dips please advice

    ReplyDelete
    Replies
    1. Yes Buy on dips only
      Hdfc bank
      Hdfc
      Hdfc amc
      HDFC life

      Delete
  37. Hello sir,
    Plz give view on TV18 nd unitech for longterm basis!!

    ReplyDelete
    Replies
    1. They are not eligible for long term

      Only buy strong fundamental stock

      Delete
  38. Made 15k in HDFC AMC
    Covered Jk and excel
    IRCTC was my mistake Sl hit but shall have hold as per ur rule
    I am sure will recover pathlab and IRCTC in next one call

    ReplyDelete
  39. Sir,

    I brought Johnson controls @ 2,101.85 (Target:2300) and AKZOINDIA(Target: @ 2,240.58(Target:2330). Both stocks are drastically falling. Is it good to hold for some more time to exit on rise or exit with current loss. Please suggest.
    Should i exit with current loss

    ReplyDelete
    Replies
    1. Bro if your view is of 2-3 months than better to exit on rise

      Delete
  40. Hi Sir,

    I have been holding Mahanagar Gas (MGL) since its listing.
    20 shares at a price of Rs.420. Can you please guide whether I should sell it now or hold. What are your views on the selling price
    Thanks
    ~ Sanchit

    ReplyDelete
    Replies
    1. Hold exit near 1400-1500

      Hold for 1 year

      Delete
    2. OK,thanks so much sir

      Also, please advise on
      (1) Apollo Tricoat Tubes. Have been holding for about 12 months - 110 shares at a buying price of 143.

      (2) Shakti Pumps - holding 40 shares at buying of 370 for about 5 months. Should I buy more at this price or wait or book loss

      Thanks

      Delete
    3. Shakti pump hold on
      Apollo tube book 50% and hold rest

      Delete
  41. Hi sir what is support and resistance of ongc sir..

    ReplyDelete
  42. Sir ji what was cause for todays market crash

    ReplyDelete
  43. Sir.....

    Only one word for you....you are the king of the share market...

    Sir am a very small trader...but...becoz of your calls am earnning very good amount in market....

    Hats of you...

    ReplyDelete
    Replies
    1. Its true Raj Sir..I have never seen for this much sure calls from any of trader broken..U are mind blowing..

      Delete
  44. Dear Raj sir

    Nifty broken 11850 can you please share your view in Nifty support and resistance. Thanks in advance

    ReplyDelete
  45. Hello raj sir,

    Currently I am holding AKZOINDIA 200 quatity @ 2240 please tell the support should i book loss or avg it????

    ReplyDelete
    Replies
    1. Always follow sl

      Now as you may have taken risk of result currently exit on rise

      Delete
  46. Raj sir..Can u plz give calls on banknifty and nifty options. Your are very good in F&O but most of us can't afford it. It's a humble request.

    ReplyDelete
    Replies
    1. No option currently no view on nifty banknifty so no trade in it by my side currently focus on cash market only

      Like hdfc amc 3335 to 3650
      Godfrey Phillip from 1180 to 1270
      IRCTC from 925 to 980

      Why don't you make profit in cash market when getting this type of jackpot calls

      Don't expect more than it from me

      Delete
  47. His sir booked 4000 in HDFC life bought 1000 shares .

    Resistance and support for axis bank and appolo hospital

    ReplyDelete
    Replies
    1. Great

      Axis SUPPORT 700 resistance 740

      Apollo SUPPORT 1370 resistance 1450

      Delete
  48. Replies
    1. Major support at 40 below that NEGATIVE otherwise good

      Delete
  49. Hi raj sir.
    Bought Hdfc Amc at 3000, can I book it now so that I can buy again or it won't come to that price again? If need to add on dips, what levels to add as it risen 600+ points in just 5 trading sessions.
    Can I re-enter later with profit?
    What is resistance and support?
    Thank you sir.

    ReplyDelete
    Replies
    1. Support at 3140-3350
      Resistance at 3800-4000

      Simple view if you have bought for long term than no need to sell

      If you have bought for short term than you can book as per your wish today also it may open gap up only

      Delete
  50. Hi, what is the target for Dr Lal stock, you have given tip to buy on 1510, cmp is 1575, should we hold it exit?

    ReplyDelete
    Replies
    1. If your view is short term than book profit

      If your view is long term than hold o

      Delete
  51. Sir, can vadilal be held till tomorrow?

    ReplyDelete
    Replies
    1. Bro it went to 817 from 798 still if you think it is not enough for you than you can hold with sl

      Delete
    2. Hi Raj Sir
      HDFC AMC bought @ 3600
      Can we see upside and what can be SL

      Delete
    3. Hii sir....
      I am holding Ioc 140CE @ 1.40
      Can you please advise about target....
      I couldn't book the jackpot profit as i couldn't see the rise....

      Delete
    4. Hdfc amc currently 3700-3750 will be a resistance 3450-3500 will be support may consolidate between it for few days

      Delete
  52. Hi Sir,
    I have 3000 shares of Gujarat gas at 203 price. can I hold this or sell ?
    please suggest

    Amrut Dhaskat

    ReplyDelete
    Replies
    1. Book 50% near 210 if get and hold rest with sl of 200

      Delete