'Polls to hit CV demand in Q4, will recover on strong macros'

Ashok Leyland anticipates a potential dip in demand for commercial vehicles in Q4 due to the high base effect and upcoming general elections. Despite this, recovery is expected post-elections, bolstered by favorable macroeconomic conditions. The company plans substantial investments in capex and new product launches, aiming for debt-free status in the medium term.

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