Ashok Leyland Limited (BOM:500477)
India
· Delayed Price · Currency is INR | Market Cap | 653.47B |
| Revenue (ttm) | 474.69B |
| Net Income (ttm) | 28.30B |
| Shares Out | n/a |
| EPS (ttm) | 9.63 |
| PE Ratio | 23.09 |
| Forward PE | n/a |
| Dividend | 6.95 (3.07%) |
| Ex-Dividend Date | Nov 19, 2024 |
| Volume | 374,521 |
| Average Volume | 425,242 |
| Open | 227.45 |
| Previous Close | 226.45 |
| Day's Range | 220.25 - 228.25 |
| 52-Week Range | 157.65 - 264.70 |
| Beta | n/a |
| RSI | 55.78 |
| Earnings Date | Jan 30, 2025 |
About Ashok Leyland
Ashok Leyland Limited, together with its subsidiaries, manufactures and sells commercial vehicles in India and internationally. The company offers buses; haulage and ICV trucks, as well as tractors and tippers; light commercial vehicles goods carriers and passenger, as well as small commercial vehicles goods carriers; and defense vehicles comprising logistics, high mobility, armored, and specialist vehicles. It also provides power solutions, such as diesel generators, agriculture engines, industrial engines, and marine engines; spare parts; and... [Read more]
Financial Performance
In 2023, Ashok Leyland's revenue was 457.91 billion, an increase of 9.88% compared to the previous year's 416.73 billion. Earnings were 24.84 billion, an increase of 100.49%.
Financial StatementsNews
Brokerages bullish on Kotak Mahindra Bank, Ashok Leyland, Jubilant FoodWorks, Bharat Forge, HAL, SBI Cards, PFC, Lupin; highlight sectoral trends
Top global brokerages have issued fresh ratings on Kotak Mahindra Bank, Ashok Leyland, Bharat Forge, Jubilant FoodWorks, HAL, SBI Cards, PFC, Lupin, Indian Hotels, and others, highlighting growth pros...
Goldman Sachs bullish on Ashok Leyland: Raises target to Rs 280, highlights LCV growth and HLFL merger
Goldman Sachs has maintained a ‘Buy’ rating on Ashok Leyland, raising its target price to ₹280 per share from the previous ₹260, reflecting a positive outlook on growth and margin expansion. Key takea...
Macquarie neutral on Ashok Leyland: Sets target at Rs 226, highlights demand outlook and margin surprise
Macquarie has maintained a ‘Neutral’ rating on Ashok Leyland, setting a target price of ₹226 per share, reflecting a modest upside from the current market price of ₹219.64. Key takeaways from the repo...
Citi sees 23% upside in Ashok Leyland, raises target to Rs 270 on strong Q3 performance
Citi has maintained a ‘Buy’ rating on Ashok Leyland, raising its target price to ₹270 per share, implying a 23% upside potential from the current market price of ₹219.64. The brokerage noted that the ...
Morgan Stanley bullish on Ashok Leyland: Sees 29% upside, highlights margin expansion and export growth
Morgan Stanley has reaffirmed its ‘Overweight’ stance on Ashok Leyland, setting a target price of ₹284 per share, indicating a 29% upside potential from the current market price of ₹219.64. Despite a ...
Ashok Leyland shares surge 4% following Q3 results
Shares of Ashok Leyland surged nearly 4% after the company reported its strongest-ever Q3 performance. The leading commercial vehicle manufacturer recorded an all-time high net profit of ₹762 crore, r...
Ashok Leyland Q3 Results: Net profit jumps 31% to Rs 762 crore, EBITDA at 12.8%
Ashok Leyland, the flagship company of the Hinduja Group and one of India’s leading commercial vehicle manufacturers, has reported its strongest-ever Q3 performance. The company recorded an all-time h...
Ashok Leyland’s total vehicle sales rise 8% in January 2025, driven by strong M&HCV bus growth
Ashok Leyland Limited reported an 8% year-on-year (YoY) growth in total vehicle sales, reaching 17,213 units in January 2025, compared to 15,939 units in January 2024. The rise was attributed to a rob...
Subsidy payment to SIDA okayed
Lucknow: The state cabinet approved subsidy payment to UPSIDA for the land allotted to Ashok Leyland Limited under the front-ended land subsidy provis.
Auto sector update: Ashok Leyland slides 1.77%, M&M falls 1.27%, Maruti Suzuki down 0.89%
The auto sector displayed a mixed performance during the morning trade, with some stocks edging higher while others faced pressure. Here’s the detailed performance: TVS Motor rose 0.29% to ₹2,299.70, ...
Auto sector stocks: Ola Electric (+2.65%), TVS Motor (+2.04%), Ashok Leyland (+1.94%) lead gains; Bajaj Auto, Hero MotoCorp decline
The auto sector showed mixed performance in early trade today, with select stocks gaining on optimism around sales growth, while others saw mild profit booking. Stock Performance (as of 10:34 AM): Ola...
Auto sector shares: Eicher Motors surges 8%, Maruti Suzuki up 5.52%, and Ashok Leyland gains 5%
As of 2:42 PM, the auto sector continues to demonstrate significant gains, with several stocks hitting impressive highs. Below is a comprehensive table detailing the performance of key players: Stock ...
Auto sector shares: Ashok Leyland rises 3.66%, Maruti up 2.99%, and M&M gains 2.82%
The auto sector showed strong performance in early trading today, with key stocks witnessing gains across the board. Here’s a detailed look at the top performers: Stock Price (₹) Change (₹) Change (%)...
Ashok Leyland shares rise over 2% on December sales growth of 5% YoY
Ashok Leyland Ltd shares advanced 2% on January 2, 2025, trading at ₹226.09, after the company reported robust sales figures for December 2024. The total vehicle sales, including domestic and exports,...
Ashok Leyland reports 5% YoY growth in December sales at 16,957 units
Ashok Leyland has reported its sales figures for December 2024, showcasing a robust 5% year-on-year (YoY) growth in total vehicle sales, including domestic and exports. The company sold 16,957 units i...
Ola Electric (+1.66%), Hyundai (+0.51%) lead auto gains; Ashok Leyland (-1.67%), M&M (-0.90%) under pressure
As of 10:10 AM, auto stocks are showing a mixed trend, with Ola Electric and Hyundai leading the gains, while Ashok Leyland and Mahindra & Mahindra (M&M) are among the top losers. Key Gainers Ola Elec...
Nifty Auto Stocks: Apollo Tyres up 1.14%, Bajaj Auto up 15, Maruti up 2%
The Nifty Auto index showcased a mixed performance on December 26, 2024, with some stocks recording gains while others declined. Key Stock Movements: Company LTP (₹) % Change Apollo Tyres 540.90 1.14 ...
Ashok Leyland stock in focus: MSRTC to add 1,300 diesel buses for New Year
The Maharashtra State Road Transport Corporation (MSRTC) has announced the addition of over 1,300 diesel buses to its fleet as a special New Year gift to passengers. This move aims to address the pers...
Ashok Leyland announces price hike up to 3% on commercial vehicles starting January 2025
Ashok Leyland, a flagship company of the Hinduja Group and a leading name in India’s commercial vehicle sector, has announced a price increase of up to 3% across its entire range of commercial vehicle...
Auto stocks decline; Maruti (-1.65%), Hero MotoCorp (-1.72%), Tata Motors (-1.33%) lead losses
Auto stocks witnessed selling pressure during intraday trading as of 11:28 AM, with most major players trading in the red. Key Performances: Eicher Motors: Down 0.13%, trading at ₹4,795.60. Mahindra &...
‘UP offers dynamic business environment’
Uttar Pradesh is emerging as a dynamic business environment, with Ashok Leyland planning to enhance its presence by establishing service points every 25 km along state highways, catering to a signific...
CITI retains Buy call on Ashok Leyland, target at Rs 260
Citi has retained its 'Buy' rating on Ashok Leyland, with a target price of ₹260, despite mixed performance in its November volumes. Domestic commercial vehicle (CV) volumes declined 4% YoY and 11% Mo...
Ashok Leyland shares drop 2% after modest 1% YoY growth in November sales
Ashok Leyland’s shares dropped over 2% following the company’s November 2024 sales report, which showed a modest 1% year-on-year (YoY) growth in total vehicle sales, reaching 14,137 units. While the c...
Ashok Leyland reports 1% YoY growth in total sales for November 2024
Ashok Leyland reported total vehicle sales of 14,137 units in November 2024, reflecting a modest 1% year-on-year (YoY) growth. While domestic sales witnessed a decline, growth in the medium and heavy ...
Ashok Leyland shares rise nearly 2% as company expands light commercial vehicle network in West Bengal
Ashok Leyland shares rise nearly 2% as new LCV dealership opens in West Bengal Shares of Ashok Leyland were trading 1.30% higher at ₹221.75 on the NSE as of 9:50 AM, after the company announced the la...