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Ashok Leyland absorbs sick group firm Hind Foundries

Hinduja flagship Ashok Leyland Limited has decided to amalgamate loss-making another group company Hinduja Foundries Limited (HFL) with itself.... ...

http://www.financialexpress.com/industry/companies/ashok-leyland-absorbs-sick-group-firm-hind-foundries/378959/
Jefferies retains Buy on Natco, target price Rs 730

Natco reported a good set of results with revenues inline with expectation and margins 200bps ahead of expectation. Profit after tax came 6% ahead... ...

http://www.financialexpress.com/industry/companies/jefferies-retains-buy-on-natco-target-price-rs-730/345339/

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