Ashok Leyland | Ashok Leyland share price: Ashok Leyland MD on Q1 results, plans to list subsidiaries & more

Ashok Leyland | Ashok Leyland share price: Ashok Leyland MD on Q1 results, plans to list subsidiaries & more

Shenu Agarwal, MD & CEO, Ashok Leyland, says they have three or four highly significant subsidiaries with great potential for value creation. First, there is Hinduja Leyland Finance which is going public. Additionally, Hinduja Housing Finance, a wholly-owned subsidiary of Hinduja Leyland Finance, is also performing well and has significant potential for value creation in … Read more

Utpal Sheth: Leadership and long-term mega trends: Utpal Sheth on identifying ‘Gorilla’ companies

Utpal Sheth: Leadership and long-term mega trends: Utpal Sheth on identifying ‘Gorilla’ companies

“We have already established that value creation is different from wealth creation. So, in my experience, there are three large components that create terminal value about which the terminal value investor should have differentiated insight on and those three components are intangibles, megatrends and leadership,” says Utpal Sheth, Senior Partner and CEO, RARE Enterprises and … Read more

Deepak Nitrite share price: Deepak Nitrite surges 4.8% after double upgrade from Morgan Stanley

Deepak Nitrite share price: Deepak Nitrite surges 4.8% after double upgrade from Morgan Stanley

Mumbai: Shares of Deepak Nitrite surged 4.8% after Morgan Stanley gave a ‘double-upgrade’ in its rating on the stock to overweight. The brokerage set a price target of ₹2,985 on the stock, implying an upside of about 16% over its Monday closing price of ₹2,560.5. The brokerage said Deepak Nitrite is in the midst of … Read more