based on 37 analysts
72.97%
Buy
8.11%
Hold
18.92%
Sell
Based on 37 analysts offering long term price targets for Ashok Leyland Ltd. An average target of ₹257.49
Source: S&P Global Market Intelligence
Ashok Leyland Ltd price forecast by 37 analysts
Upside of16.45%
High
₹325
Target
₹257.49
Low
₹178
Ashok Leyland Ltd target price ₹257.49, a slight upside of 16.45% compared to current price of ₹217.42. According to 37 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Ashok Leyland Ltd revenue growth forecast
Expected growth rate Q1, FY2026:
Forecast
Actual
Including amortisation and stock based compensations
Ashok Leyland Ltd EPS growth forecast
EPS estimate Q1, FY2026:43.14%
Forecast
Actual
Source: S&P Global Market Intelligence
Day's Low
Day's High
52 Week's Low
52 Week's High
Returns % | |
1 Month Return | -3.32 % |
3 Month Return | -12.15 % |
1 Year Return | + 27.12 % |
Market Stats | |
Previous Close | ₹221.12 |
Open | ₹218.00 |
Volume | 91.37L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹64,930.28Cr |
P/E Ratio | 24.71 |
PEG Ratio | 14.88 |
Market Cap | ₹64,930.28 Cr |
P/B Ratio | 5.7 |
EPS | 9.18 |
Dividend Yield | 2.89 |
Sector | Automobile |
ROE | 30.38 |
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
---|---|---|---|---|---|---|
BUY | ₹64,930.28 Cr | 34.87% | 0.64 | ₹2,696 Cr | ₹46,542 Cr | |
HOLD | ₹39,822.33 Cr | 89.22% | 0.51 | ₹1,049 Cr | ₹8,849 Cr | |
BUY | ₹2,88,902.64 Cr | 72.01% | 0.68 | ₹31,806 Cr | ₹4,37,927 Cr | |
BUY | ₹3,50,341.93 Cr | 11.15% | 0.52 | ₹13,488 Cr | ₹1,41,858 Cr | |
BUY | ₹3,60,443.05 Cr | 80.87% | 0.54 | ₹12,269 Cr | ₹1,39,078 Cr |
Organisation | Ashok Leyland Ltd |
Headquarters | Chennai |
Industry | Automobile |
E-voting on shares | Click here to vote |
Key events for Ashok Leyland Ltd
Ashok Leyland's Q2FY25 results show a decline in vehicle sales and revenue, but EBITDA and PAT outperformed estimates. Despite challenges, a target price of Rs 252 is maintained with an ACCUMULATE rating.
Ashok Leyland Partners for Vehicle Financing Solutions - 12 Nov, 2024
Ashok Leyland has partnered with Madhya Pradesh Gramin Bank to offer tailored vehicle financing options. LKP Research maintains a 'BUY' rating with a target price of ₹263, highlighting improved margins and strong non-auto business performance.
Ashok Leyland Sees Target Adjustments Amid Positive Outlook - 11 Nov, 2024
Ashok Leyland's stock is experiencing target adjustments from various brokerages, reflecting a cautious yet optimistic outlook for gradual recovery in the commercial vehicle sector. Despite some volume concerns, the company reported strong Q2 results, with net profit increasing significantly. The stock has shown resilience, with a notable rise in share price recently.
Ashok Leyland's EV Arm Targets EBITDA Breakeven - 10 Nov, 2024
Ashok Leyland's electric vehicle arm, Switch Mobility, expects to achieve EBITDA breakeven this fiscal year. The company will continue to support Switch and Ohm Global Mobility without seeking investors unless favorable conditions arise.
Ashok Leyland Pursues Export Growth and Bullish Trends - 09 Nov, 2024
Ashok Leyland aims for strong export growth in Southeast Asia for FY25, while its stock shows bullish patterns and potential upside, supported by positive trends in its EV subsidiary, Switch Mobility.
Ashok Leyland Reports Strong Q2 Growth and Expansion - 08 Nov, 2024
Ashok Leyland announced a 37% increase in Q2 PAT to Rs 770 crore, driven by strong performance and international expansion plans, particularly in Southeast Asia.
Ashok Leyland Reports Mixed October Sales Performance - 04 Nov, 2024
Ashok Leyland's total vehicle sales dropped 9% in October 2024, with domestic sales down 11%. Truck sales fell 13%, while bus sales increased by 8%. The disappointing results led to a 3% decline in share prices.
Ashok Leyland Considers Interim Dividend Announcement - 31 Oct, 2024
Ashok Leyland may declare an interim dividend for FY 2024-25 during its board meeting on November 8, 2024. The record date for the dividend is set for November 19, 2024. Shares closed at Rs 208.30, down 0.76% from the previous close.
Ashok Leyland Secures Electric Bus Order and Stake Increase - 25 Oct, 2024
Ashok Leyland's subsidiary, OHM Global Mobility, has secured an order for 500 electric buses from MTC in Chennai. LIC increased its stake in the company from 1.41% to 2.03%. The company reported strong financials with a revenue of Rs 45,791 crore in FY24 and a net profit of Rs 2,696 crore.
Ashok Leyland Secures Major Electric Bus Order - 24 Oct, 2024
Ashok Leyland's subsidiary, OHM Global Mobility, has received an order for 500 electric buses from Chennai's Metropolitan Transport Corporation, enhancing its position in sustainable urban mobility.
Ashok Leyland Shares Decline Amid Profit Drop - 17 Oct, 2024
Ashok Leyland shares fell 1.6% to ₹220.34. The company reported a 6% YoY decline in net profit for Q1, despite increased total income. Sales also decreased by 7% in August 2024.
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
FII Holding Up
Foreign Institutions have increased holdings from 21.85% to 24.20% in Sep 2024 quarter
Profit Spike
Netprofit is up for the last 2 quarters, 509.15 Cr → 705.64 Cr (in ₹), with an average increase of 27.9% per quarter
Price Rise
In the last 7 days, ASHOKLEY stock has moved up by 2.6%
Revenue Rich
Revenue is up for the last 2 quarters, 10.76K Cr → 11.39K Cr (in ₹), with an average increase of 5.6% per quarter
Promoter Holding Unchanged
Promoters holdings remained unchanged at 51.11% of holdings in Sep 2024 quarter
Against Peers
In the last 3 years, Jupiter Wagons Ltd has given 1207.7% return, outperforming this stock by 1162.4%
Against Peers
In the last 1 year, BEML Ltd has given 78.6% return, outperforming this stock by 51.5%
MF Holding Down
Mutual Funds have decreased holdings from 6.74% to 5.34% in Sep 2024 quarter
Retail Holding Down
Retail Investor have decreased holdings from 12.15% to 11.57% in Sep 2024 quarter
News
Investors | Holdings % | FY Quarter | 3M change |
---|---|---|---|
Promoter Holdings | 51.1% | 0.00 | |
Foreign Institutions | 24.2% | 10.73 | |
Mutual Funds | 5.34% | ||
Retail Investors | 11.57% | ||
Others | 7.79% |
Ashok Leyland Ltd in the last 5 years
Lowest (-3802.50x)
November 15, 2021
Today (24.71x)
November 12, 2024
Industry (36.50x)
November 12, 2024
Highest (245.62x)
October 7, 2022
Ashok Leyland Ltd’s net profit jumped 34.15% since last year same period to ₹705.64Cr in the Q2 2024-2025. On a quarterly growth basis, Ashok Leyland Ltd has generated 38.59% jump in its net profits since last 3-months.
Read More about Earnings ResultsIn the quarter ending December 2023, Ashok Leyland Ltd has declared dividend of ₹4.95 - translating a dividend yield of 3.41%.
Read More about DividendsBearish
Neutral
Bullish
Ashok Leyland Ltd is currently in a Bullish trading position according to technical analysis indicators.
Ashok Leyland Ltd (ASHOKLEY) share price today is ₹217.42
Ashok Leyland Ltd is listed on NSE
Ashok Leyland Ltd is listed on BSE
PE Ratio of Ashok Leyland Ltd is 24.71
PE ratio = Ashok Leyland Ltd Market price per share / Ashok Leyland Ltd Earnings per share
Today’s traded volume of Ashok Leyland Ltd(ASHOKLEY) is 91.37L.
Today’s market capitalisation of Ashok Leyland Ltd(ASHOKLEY) is ₹64930.28Cr.
Ashok Leyland Ltd(ASHOKLEY | Price |
---|---|
52 Week High | ₹264.65 |
52 Week Low | ₹157.55 |
Ashok Leyland Ltd(ASHOKLEY) share price is ₹217.42. It is down -17.85% from its 52 Week High price of ₹264.65
Ashok Leyland Ltd(ASHOKLEY) share price is ₹217.42. It is up 38.00% from its 52 Week Low price of ₹157.55
Ashok Leyland Ltd(ASHOKLEY | Returns |
---|---|
1 Day Returns | -3.7% |
1 Month Returns | -3.32% |
3 Month Returns | -12.15% |
1 Year Returns | 27.12% |