It appears there is price manipulation going on in Ashok Leyland. Such activities should be reported to SEBI. People are posting untrue news about the company having signed agreements for JV etc. Is SEBI listening??
I think so too.. It could be due to QIP issue of Ashok Ley.. otherwise 36 + PE is unjustified and unfair for this stock in these uncertain times for auto industry given the monsoon concerns..
| NIFTY 
