Ashok Leyland shares in focus as Q2 net profit rises 7% to Rs 820 crore. Should you buy, sell or hold?

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Ashok Leyland share price: Ashok Leyland reported a 7% YoY rise in Q2 net profit to Rs 820 crore, driven by strong exports, operational efficiencies, and steady margins. Brokerages remain bullish, with Nomura and Morgan Stanley raising target prices, citing improved profitability, structural growth, and attractive valuations.