$ASHOKLEY Important Levels: Support: ₹175 – ₹170 Resistance: ₹188 – ₹195 Structure: Earnings-backed recovery attempt Business: Major Indian commercial-vehicle manufacturer. Strong exposure to trucks, buses and fleet replacement demand. Earnings / Trigger: Ashok Leyland reported Q1 FY27 revenue of ₹10,750 crore, up 10% YoY, while profit increased about 2.3% to ₹668 crore. Strong commercial-vehicle demand and price hikes supported the quarter. Verdict: 👉 Commercial-vehicle theme remains interesting 👉 Watch ₹188–₹195 for sustained momentum

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