ASHOK LEYLAND “IN HIGH GEAR”

Ashok Leyland is a part of the multi-billion dollar Hinduja Group. The group is engaged in Investment Banking, International Trading and Global Investments. The company manufactures commercial vehicles and ranks 2nd in India; they also manufacture buses and are the 4th largest in the world. In manufacturing trucks they are the 16th largest in the world. They have footprints in over 50 countries and headquartered in Chennai. They have Joint Venture with Nissan Motor Company (Japan) for Light Commercial Vehicles, John Deere (USA) for Construction Equipment, Continental AG (Germany) for Automotive Infotronics and the Alteams Group for the manufacture of high-press die-casting extruded aluminum components for the automotive and telecommunications sectors. They have 8 plants across the globe.

PRODUCTS

Buses – Helping nearly 70 million people reach their destinations

Trucks – Variety of truck for all needs

Light Vehicles – “DOST” the company’s class –leading LCV with a payload of 1.5 ton.

Defense – Pioneers in design, development and manufacture of specialized Defense Vehicles for armed forces.

Power Solutions – LEYPOWER range of engines that power generator sets, marine applications, earth moving equipments, compressors, cranesamd harvesters.

RESULT ANALYSIS

Top line increased to 5955 crores from 4505 crores in Q4FY15 growth of 32%
Operating Profit stood at 635 crores as against 347 crores in Q4FY15 thereby growing 83%
PAT stood at 456 crores vs. 238 crores growing 66%, growing 92% (before exceptional items)

AL expects MHCV industry to grow at 15-20% YoY in FY17. The company hopes to improve market share in ICVs through new launches and positive on industry growth prospects, but are mindful of rising competition in higher tonnage segments with new launches by incumbents.

HIGHLIGHTS OF THE QUARTER

Aiming to grow share in ICVs: AL’s domestic MHCV market rose by 440bps YoY to 32.7% in FY16 led by gains in higher tonnage segments and in North/East regions. AL plans to enhance market share in the ICV segment (7 to 16MT segments) with new launches including Sunshine and Guru in bus and truck segments respectively.
Impairments in subs/JVs: AL management decided to provide for impairment towards equity investments in Optare, Albonair and its LCV JVs with Nissan. AL reckons that bulk of the cleaning up of its non-core investments has been done.
Modest capex guidance: AL’s capex + investments in FY16 have been ~Rs 2bn. The company has guided for capex + investments of Rs 5bn in FY17. Part of this would be used for building facilities for fully built buses and cabins.
Near-term outlook: We expect b earnings growth momentum to continue in 1QFY17 with healthy volume growth and YoY margin expansion

We recommend a Buy on Ashok Leyland at its CMP of 105 with a target of 115 for a short term outlook.

ASHOK LEYLAND Share Price closed at Rs.105.00 today.

ASHOK LEYLAND is one of the Top 500 Shares identified by Dynamic Research team at the end of every quarter out of 1700 Shares of NSE.

For more Support and Resistance Levels of ASHOK LEYLAND, Please visit ASHOK LEYLAND Share Price Forecast.

Herbs and spice consumption for healthy body

Consuming fruits, vegetables, and using these amazing natural herbs and spices when cooking your food goes a long way in adding flavour and enhances body weight loss.

Herbs are either the fresh or dried leafy green or flowering parts of a plant. Spices, on the other hand, are usually dried and are gotten from other parts of the plant such as bark, seeds, roots and fruits. You can use herbs for different reasons like culinary, medicinal, and in some cases, spiritual.

Herbs are filled with many health benefits which help to boost weight loss. Some herbs and spices contribute a lot to achieving the desired weight. This is because they contain nutrients that will help you lose and maintain your weight.

In this article, I will examine some herbs and spice you should add in your food as they are seen as some of the best natural weight loss herbs. Fortunately, these herbs and spices can be grown at home and also can be purchased in groceries stores around the world either in their fresh or dried form. Also, some of these herbs are processed and mixed for easy cooking.

Cinnamon is a herb that has numerous uses. One of this apart from weight loss ability can be used in diabetes treatment because of its diabetes-fighting properties. It can substitute for table sugar as it metabolizes blood sugar twenty times faster to prevent excess fat build-up. Cinnamon boosts metabolism and helps regulate blood sugar.

Another herb that is effective for weight loss and increases mental abilities is the cumin. It is widely known for its digestion and energy production as it fastens the breaking down of food in the body. Cumin is filled with components that have anti-stress qualities and can help relieve stress from the body.

Researches have shown that turmeric is a herb that helps fight obesity. This is because it focuses on insulin-related problems that lead to weight gain. Turmeric has an active and important ingredient called curcumin. Curcumin works in suppressing the blood vessels needed to form fat tissue. It is also good for treating other metabolic disorders.

Do you know that mustard can be used as a replacement for mayonnaise in salads? Yes, it can be used as a replacement and it helps in boosting body metabolism. Mustard seeds and dried mustards improve metabolism by twenty-five per cent. Consuming 3/4 of a teaspoon of ground mustard seed daily help you lose an extra forty-five calories an hour.

Ginger is known to be an appetite suppressant which enables you to eat less and stay full longer for the day. It has thermogenic properties that increase metabolism. Ginger fights stomach bloating and is effective in influencing water removal from the body.

Other herbs and spices to consider when next you visit a groceries shop include horseradish, pepper, garlic, rosemary, black pepper, ginseng, cayenne pepper, dandelion e.t.c.

Consuming more of these herbs and spices help in fat burning which aids effective weight loss and maintenance. They not only make your dish tasty and delicious but brings wellness for your overall healthy body.

Rebuilding the Right Way in the NBA

In the NBA, impressive feats don’t only happen on the basketball court. As exciting action happen on the court, many remarkable things that decide the success of the team takes place outside of it. There are front offices that are building stuff of legends. The Spurs front office and coaching staff that has been working together for almost two decades now is one of the organizations that are getting lots of accolades for their impressive work.

However, the Spurs organization aren’t the only team worthy of praises. Another front office that has done a wonderful job is the Oklahoma City Thunder front office. The team provides a very good blueprint on how to build a team from scratch, from one of the worst to one of the best. In a league where plenty of teams are stuck in the bottom of the barrel without having shown any signs of improvement for years and years, they are a living example of rebuilding the right way in the NBA.

So how are they doing it?

An Organization with a Plan

The very first thing that every project needs is a plan. The plan for the Thunder was to build through drafts and that was what they did. This meant that they had to go through losing seasons. It was definitely not easy but it worked as the team acquired some topnotch talent along the way.

Even when they already had talented players such as Kevin Durant and Russell Westbrook, they didn’t rush things. They didn’t suddenly go all in by trading for or signing an expensive player. They kept on slowly adding valuable players and trade assets to the team. This provided players with star-potential to develop into stars. The players that fit well along the stars stayed and those that didn’t got traded. It was a continuous process that built the team that they are right now.

Creating a Culture

Aside from creating and following on a plan, another key thing that is common to all successful teams right now is having a good culture within the team. A good culture is something that encourages every player on the team to be his best. It is no surprise that teams known for their camaraderie such as Miami Heat, Thunder, Spurs and the Indiana Pacers are also the top teams right now. To further prove the point, the talented yet dysfunctional Lakers team struggled the entire last season.