Views on LT Foods and Ashok leyland in long term view (say 2022 & above)

Please share your views on LT Foods and Ashok leyland for long term.

Also please clarify the below query as well.
Is there any benifit if we hold stocks of a company say 5 years. only the last 2 years company performing well, not the first 3 years. ?

 

Both companies are sound in terms of their fundamentals. LT Foods is one of the leaders in the branded Basmati rice segment ('Daawat'). They are also making a foray into snack foods and should do well.

Ashok Leyland is a market leader in commercial vehicles. This is a cyclical sector which is now looking up. So, this should also do well.

I think the question to be asked is why the performance in the last 2 years has improved and whether the improvement will continue in future as well. Also, whether the improvement is priced into the stock valuations or not.