Ashok Leyland Limited (NSE: ASHOKLEY)

India flag India · Delayed Price · Currency is INR
232.18
-0.41 (-0.18%)
Dec 6, 2024, 3:30 PM IST
32.71%
Market Cap 681.80B
Revenue (ttm) 465.32B
Net Income (ttm) 26.28B
Shares Out 2.94B
EPS (ttm) 8.94
PE Ratio 25.97
Forward PE n/a
Dividend 4.95 (2.13%)
Ex-Dividend Date Nov 19, 2024
Volume 4,028,068
Open 232.70
Previous Close 232.59
Day's Range 230.40 - 234.20
52-Week Range 157.55 - 264.65
Beta 0.82
Analysts n/a
Price Target n/a
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]

Sector Industrials
Founded 1948
Employees 9,607
Stock Exchange National Stock Exchange of India
Ticker Symbol ASHOKLEY
Full Company Profile

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 Statements

News

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...

5 days ago - Business Upturn

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...

6 days ago - Business Upturn

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 ...

6 days ago - Business Upturn

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...

16 days ago - Business Upturn

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...

27 days ago - Business Upturn

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...

27 days ago - Business Upturn

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...

27 days ago - Business Upturn

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...

27 days ago - Business Upturn

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...

27 days ago - Business Upturn

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. ...

27 days ago - Business Upturn

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...

27 days ago - Business Upturn

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...

27 days ago - Business Upturn

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...

27 days ago - Business Upturn

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...

4 weeks ago - Business Upturn

Ashok Leyland Q2 FY25 Earnings: Revenue flat at ₹11,147.58 crore

Ashok Leyland has reported its financial results for the quarter ending September 30, 2024, highlighting a strong performance driven by operational efficiencies and strategic initiatives. Revenue from...

4 weeks ago - Business Upturn

Ashok Leyland Q2 results: Stock drops 2% ahead of result announcement

Ashok Leyland, a leading commercial vehicle manufacturer in India, saw its shares decline by more than 2% ahead of the company’s Q2 earnings report. The stock opened today at ₹215.90, reaching a high ...

4 weeks ago - Business Upturn

Ashok Leyland shares slip 3% after weak October sales performance

Ashok Leyland’s shares fell by 3% following the release of October 2024 sales data, which showed a year-on-year (YoY) decline. The company reported total sales of 15,310 units for the month, down from...

4 weeks ago - Business Upturn

Ashok Leyland October sales decline YoY to 15,310 units – Know More

Ashok Leyland reported total sales of 15,310 units in October 2024, down from 16,864 units in October 2023, marking a year-on-year (YoY) decline. The sales missed estimates, which were set at 16,110 u...

4 weeks ago - Business Upturn

Ashok Leyland shares rise nearly 2% after subsidiary secures order for 500 electric buses from MTC, Chennai

Ashok Leyland, a leading commercial vehicle manufacturer and part of the Hinduja Group, saw its shares rise by nearly 2% after its subsidiary, OHM Global Mobility, secured a significant order for 500 ...

6 weeks ago - Business Upturn

Ashok Leyland subsidiary secures major order for 500 electric buses from MTC Chennai

Ashok Leyland has achieved a significant milestone in the electric vehicle space. Its subsidiary, OHM Global Mobility, has successfully bagged an order for 500 ultra-low floor electric buses from the ...

6 weeks ago - Business Upturn

Morning block trades: ITC at ₹72.12 crore, Tata Steel at ₹32.28 crore; Eicher Motors, Ashok Leyland, Navin Fluorine among others

Several significant block trades took place in the early morning session today on the NSE. The largest trades included companies like ITC, Tata Steel, and Eicher Motors. Here are the key block trades:...

2 months ago - Business Upturn

Q2 Results to watch: TCS, Tata Elxsi, Ashok Leyland, IREDA and others to announce earnings today

Several major companies are set to announce their Q2 FY24-25 earnings today, October 10, 2024. Investors are keeping a close watch on these results as they may impact market sentiment. Key companies r...

2 months ago - Business Upturn

Ashok Leyland Delivers Fleet Of 180 Electric Trucks & Tractor To BillionE Group

Ashok Leyland has delivered a large fleet of electric trucks and tractors to the BillionE group. The fleet includes BOSS electric trucks and AVTR electric tractors.

2 months ago - NDTV

Ashok Leyland begins delivery of 180 electric buses to Billion Electric Mobility worth around Rs 150 crore

Ashok Leyland, the flagship of the Hinduja Group and a leading commercial vehicle manufacturer in India, has commenced the delivery of its AVTR 55T Electric, BOSS 19T Electric, and BOSS 14T Electric t...

2 months ago - Business Upturn

Block Trades: Avenue Supermarts, Ashok Leyland, Indus Towers, HDFC Bank, Axis Bank, Patanjali Foods see significant shares change hands today

The National Stock Exchange (NSE) witnessed several significant block trades today, with major companies such as Avenue Supermarts, HDFC Bank, and Axis Bank seeing large quantities of shares change ha...

2 months ago - Business Upturn