Archive · 21 Aug 2025
Stock Recommendations and Company Financial Highlights
The article discusses investment recommendations and financial performance of companies.
Ashok Leyland's stock is up due to positive financial forecasts and potential tax benefits.
Nuvama suggests buying stocks of Motherson Sumi Wiring India, Ajax Engineering, and Texmaco Rail, each with varying growth potential.
The article highlights recent financial performance, including margin improvements for Ashok Leyland and order books of Texmaco Rail.
These recommendations are based on various factors, including expected growth and company performance.
Ashok Leyland's shares rose after a positive Q1FY26 earnings call and potential GST cuts.
The company's management aims to beat last year's margins in FY26, with a mid-teen EBITDA margin target.
Q1FY26 EBITDA margin increased to 11.1% despite subdued demand, with gross margin at 29.4%.
Nuvama recommends buying Motherson Sumi Wiring India, Ajax Engineering, and Texmaco Rail stocks.
Texmaco Rail's order book stands at ₹7,050 crore, despite a drop in Q1FY26 consolidated revenue.
- Who
- Nuvama Institutional Equities, Ashok Leyland's management.
- What
- Recommendations for stock investments and company financial performances.
- When
- Q1FY26 and forecasts for the fiscal year 2026.
- Where
- The analysis covers the Indian stock market and specific companies.
- Why
- Based on growth potential, margin improvements, and strategic initiatives.
- Ashok Leyland Share Price Increase
- 11% in the past four trading sessions
- Ashok Leyland Q1FY26 EBITDA Margin
- 11.1%
- Texmaco Rail Order Book
- ₹7,050 crore
- Motherson Sumi Wiring India Target Price (Nuvama)
- ₹57
- Ajax Engineering Target Price (Nuvama)
- ₹850
- Texmaco Rail Target Price (Nuvama)
- ₹211
Sources
Hero MotoCorp, Bajaj, Ashok Leyland & Sansera are Axis Securities' top 4 auto stock picks
Stocks to buy: Bajaj Auto, Ashok Leyland among Axis Securities’ top auto picks after Q1 results, GST rate cut hopes
3 ‘Buy’ recommendations from Nuvama, with up to 57% upside potential