Ashok Leyland Limited (NSE:ASHOKLEY)
India
· Delayed Price · Currency is INR | Market Cap | 629.59B |
| Revenue (ttm) | 474.69B |
| Net Income (ttm) | 28.30B |
| Shares Out | 2.94B |
| EPS (ttm) | 9.63 |
| PE Ratio | 22.26 |
| Forward PE | n/a |
| Dividend | 4.00 (1.86%) |
| Ex-Dividend Date | Nov 19, 2024 |
| Volume | 4,832,193 |
| Average Volume | 8,439,360 |
| Open | 214.70 |
| Previous Close | 214.95 |
| Day's Range | 212.87 - 215.50 |
| 52-Week Range | 166.25 - 264.65 |
| Beta | 0.45 |
| RSI | 56.11 |
| Earnings Date | May 23, 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
Ashok Leyland increases stake in UK subsidiary Optare PLC to 93% with Rs 500 crore investment
Ashok Leyland has announced that it has increased its shareholding in its UK-based subsidiary Optare PLC from 92.59% to 93% following a fresh investment of GBP 45 million, equivalent to Rs 500 crore. ...
Ashok Leyland’s March 2025 sales rise 6% YoY to 24,060 units; M&HCV bus volumes up 25%
Ashok Leyland Limited reported a 6% year-on-year growth in total vehicle sales (domestic and exports combined) for March 2025, reaching 24,060 units, compared to 22,736 units in March 2024, as per the...
Ashok Leyland secures Rs 700 crore defence orders for advanced mobility solutions
Ashok Leyland, a flagship company of the Hinduja Group and India’s leading supplier of logistics vehicles to the Indian Army, has secured multiple defence orders worth over ₹700 crore. These contracts...
Ashok Leyland increases stake in Hinduja Leyland Finance to 61.12% with Rs 200 crore investment
Ashok Leyland Ltd has announced that it has increased its shareholding in Hinduja Leyland Finance Ltd (HLFL) from 60.39% to 61.12% following an equity investment of Rs 200 crore. The update follows th...
Ashok Leyland share price drops over 2% as company begins closure of UK EV unit; promoters pledge 30 crore shares
Shares of Ashok Leyland fell 2.41% to ₹209.79 on the NSE as of 9:21 AM on Thursday, following the company’s announcement that it will cease operations at its UK-based EV manufacturing unit, while prom...
Stocks to watch today: Infosys, Wipro, Ashok Leyland, HUL, Bajaj Finance, BSE, NBCC, UPL, Max Financial, JB Chemicals in focus [27 March]
Indian equity markets are likely to witness stock-specific action on Thursday, March 27, as several companies announced key developments, strategic deals, stake sales, and corporate updates. Here’s a ...
Stocks to watch on March 27: Trent, HDFC AMC, Five Star Finance, HAL, Ashok Leyland, L&T, Wipro in focus on brokerage actions
Shares of several companies including Trent, HDFC AMC, Five Star Finance, HAL, L&T, Ashok Leyland, and Wipro are likely to be in focus today as top brokerages have issued fresh ratings and target pric...
Ashok Leyland share price: Morgan Stanley sees 32% upside, Jefferies stays cautious with ‘Hold’ rating
Ashok Leyland’s stock has drawn mixed reactions from brokerages. Morgan Stanley has maintained its ‘Overweight’ rating on the company with a target price of ₹284, implying a significant upside potenti...
Ashok Leyland EV subsidiary Switch likely to stop manufacturing in UK
India Business News: CHENNAI: Ashok Leyland subsidiary Switch Mobility UK is considering ceasing production at its Sherburn UK facility due to sluggish sales.
Ashok Leyland shares likely to react negatively tomorrow as company announces closure of one unit of EV arm Switch Mobilit
Shares of Ashok Leyland are likely to come under pressure in trade tomorrow, March 27 after the company disclosed the potential shutdown of its UK-based electric vehicle subsidiary’s manufacturing uni...
Ashok Leyland’s UK subsidiary Switch Mobility to cease manufacturing at Sherburn facility
Ashok Leyland has announced that its UK-based stepdown subsidiary, Switch Mobility Limited, has initiated a consultation process with employees regarding the future of its manufacturing and assembly o...
Ashok Leyland shares jump 3% on reports on SML Isuzu acquisition
Shares of Ashok Leyland surged 3% on Wednesday following reports that the commercial vehicle giant is in advanced talks to acquire the promoter’s stake in SML Isuzu. As of 10:30 AM, the shares were tr...
SML Isuzu shares rally 4% on reports of Ashok Leyland buying stake in company
SML Isuzu shares rallied 4% after reports emerged that Ashok Leyland is in advanced discussions to acquire the promoter stake in the company. According to a Moneycontrol report, negotiations are ongoi...
Ashok Leyland reports 2% YoY growth in total sales for February 2025
Ashok Leyland, a leading commercial vehicle manufacturer, has released its sales figures for February 2025. The report highlights both domestic and export performance across various vehicle categories...
Auto Stock Update: Hyundai gains 2.07%, M&M down 4.43%, Ashok Leyland slips 3.83%, TVS Motor drops 3.07%, Nifty down 1.27%
Auto stocks witnessed significant selling pressure as Nifty declined by 1.27% (-285.75 points) to 22,259.30. M&M was the biggest loser in the auto sector, falling 4.43% to ₹2,605.85. Ashok Leyland als...
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, ...