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Bandu Barve's Weekly Stock Contest: Ashok Leyland Wins
The Hindu BusinessLine's Bandu Barve contest forces a weekly catalyst check. Last week's winner was Ashok Leyland. Here's how the game works and what it reveals about retail momentum.
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The Hindu BusinessLine runs a weekly stock-picking contest through its fictional character Bandu Barve. Each Sunday, Bandu picks five stocks he expects to outperform over the next five trading sessions. Readers are invited to guess which of those five will deliver the highest return by the following Friday. Last week's winning pick was Ashok Leyland.
The commercial vehicle maker did not appear in any of the five Bandu selections listed in the column. It was the stock that readers collectively bet on and that delivered the best price return over the week. Ashok Leyland shares have been under watch as the Indian truck and bus cycle shows signs of recovery. The contest result alone does not signal a fundamental catalyst. It does show the kind of momentum names that retail participants often gravitate toward.
The contest rules are straightforward. Readers send their single stock pick plus expected percentage rise to an email address by Wednesday noon. The winner receives a ₹2,000 prize. Selection is based on actual BSE closing prices, no derivatives or intraday calculations. The winner is announced in the next week's column.