Hey Harsh currently Ashok Leyland is trading at around1.2x sales and also with regard to EV theme they have a subsidiary Switch mobility but they have not scaled EV business considerably, with possible fame 3 policy targeting commercial utility vehicles as this is actually the industry that makes the best economic sense as usage is high and EVs have low running cost, my only concern with the lack of scale.
What are your thoughts on this business?
| Subscribe To Our Free Newsletter |
