The brokerage's positive view is driven by Ashok Leyland's successful diversification, with nearly 45-50% of revenues now coming from higher margin, less cyclical non-truck businesses such as defence, aftermarket, power solutions, and financial services.
The brokerage's positive view is driven by Ashok Leyland's successful diversification, with nearly 45-50% of revenues now coming from higher margin, less cyclical non-truck businesses such as defence, aftermarket, power solutions, and financial services.
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