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Demand trajectory remains good for Q4, but for a possible election dent: Ashok Leyland, ET Auto

Ashok Leyland Q3: There might be a moderation in growth in Q4 because of the effect of the upcoming elections and the high base of last year. But the country is behaving differently and it may not be right to look at the history and project the future, the company said.

Ashok Leyland net profit skids 17% in Q4, but brokerages retain the buy tag

Research house Nomura has kept buy rating on the stock with a target price of Rs 184 per share.

Top stories on 23rd May: Rs 2,000 notes exchange to start, Q4 Earnings today, PM Modi in Australia, Gold price, Petrol price, Motorola Edge 40 launch

Rs 2,000 notes can be exchanged at banks starting today. What effect will it have on gold prices today? Q4 earnings of Ashok Leyland, JSW Energy, Biocon, Bikaji Foods International, Bajaj Electricals, Metro Brands, Fortis Healthcare and Kirloskar Industries will be in focus on 23rd May. Also know about petrol, diesel price today, PM Modi’s Australia diaspora address, Motorola Edge 40 launch and more in this Business Today Visual Story.

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