Ashok Leyland Limited (BOM: 500477)
India
· Delayed Price · Currency is INR | Market Cap | 614.38B |
| Revenue (ttm) | 465.32B |
| Net Income (ttm) | 26.28B |
| Shares Out | n/a |
| EPS (ttm) | 8.94 |
| PE Ratio | 23.37 |
| Forward PE | n/a |
| Dividend | 6.95 (3.36%) |
| Ex-Dividend Date | Nov 19, 2024 |
| Volume | 425,165 |
| Average Volume | 348,062 |
| Open | 207.35 |
| Previous Close | 206.65 |
| Day's Range | 205.10 - 209.80 |
| 52-Week Range | 157.65 - 264.70 |
| Beta | n/a |
| RSI | 41.04 |
| 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
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...
Ashok Leyland shares jump 3% as Nomura maintains ‘Buy’ rating
Ashok Leyland shares surged by over 3% after Nomura maintained its ‘Buy’ rating, setting a target price of ₹247 per share. Nomura’s latest analysis highlights Ashok Leyland’s robust margins, attributi...
Ashok Leyland share price: Buy, sell, or hold? Here’s what brokerages are saying
Brokerages have mixed views on Ashok Leyland, focusing on expected volume recovery, improving margins, and challenges in the commercial vehicle (CV) segment. Here’s a summary of recommendations and ke...
CLSA downgrades Ashok Leyland to ‘Underperform’ with 15% downside from current stock price
CLSA has downgraded Ashok Leyland to an ‘Underperform’ rating, setting a target price of ₹188 per share, indicating a potential 15% downside from the current market price (CMP) of ₹221.93. The brokera...
Nomura maintains ‘Buy’ rating on Ashok Leyland with 11% upside, target price of Rs 247
Nomura has reiterated its ‘Buy’ rating on Ashok Leyland, adjusting the target price to ₹247 per share, indicating a potential 11% upside from the current market price (CMP) of ₹221.93. The brokerage n...
Jefferies maintains ‘Hold’ rating on Ashok Leyland with 6% upside potential from current market price
Jefferies has reiterated its ‘Hold’ rating on Ashok Leyland, setting a target price of ₹235 per share, indicating a potential 6% upside from the current market price (CMP) of ₹221.93. The brokerage an...
Morgan Stanley maintains ‘Overweight’ rating on Ashok Leyland with 21% upside from current share price
Morgan Stanley has reiterated its ‘Overweight’ rating on Ashok Leyland, adjusting the target price to ₹268 per share, indicating a potential 21% upside from the current market price (CMP) of ₹221.93. ...
Kotak Institutional Equities upgrades Ashok Leyland to ‘Add’ with 6% upside potential
Kotak Institutional Equities has upgraded Ashok Leyland to an ‘Add’ rating, setting a target price of ₹235 per share, indicating a potential 6% upside from the current market price (CMP) of ₹221.93. T...
Citi maintains ‘Buy’ rating on Ashok Leyland with 17% upside from CMP
Citi has reiterated its ‘Buy’ rating on Ashok Leyland, setting a target price of ₹260 per share, indicating a potential 17% upside from the current market price (CMP) of ₹221.93. The brokerage notes t...
JPMorgan maintains ‘Overweight’ rating on Ashok Leyland with 13% upside from CMP
JPMorgan has reiterated its ‘Overweight’ rating on Ashok Leyland, setting a target price of ₹250 per share, indicating a potential 13% upside from the current market price (CMP) of ₹221.93. The broker...
Ashok Leyland declares interim dividend of ₹2 per share
Ashok Leyland has declared an interim dividend of ₹2 per equity share for the fiscal year 2024-25, with the payment scheduled to be made on or before December 7, 2024. The record date to determine eli...