🔔 Sales Growth Alert
Ashok Leyland reports a 5% increase in total sales to 16,957 units in December 2024, boosting shares over 6%.
Ashok Leyland Analyst Rating
based on 38 analysts
76.32%
Buy
7.89%
Hold
15.79%
Sell
Based on 38 analysts offering long term price targets for Ashok Leyland. An average target of ₹251.03
Source: S&P Global Market Intelligence
Ashok Leyland Share analysis
Ashok Leyland price forecast by 38 analysts
Upside of6.33%
High
₹325
Target
₹251.03
Low
₹160
Ashok Leyland target price ₹251.03, a slight upside of 6.33% compared to current price of ₹234.13. According to 38 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Ashok Leyland revenue growth forecast
Expected growth rate Q1, FY2026:
Forecast
Actual
Including amortisation and stock based compensations
Ashok Leyland EPS growth forecast
EPS estimate Q1, FY2026:36.41%
Forecast
Actual
Source: S&P Global Market Intelligence
Ashok Leyland Performance
Day's Low
Day's High
₹232.35Day's Price Range₹236.552 Week's Low
52 Week's High
₹157.5552-Week Price Range₹290.53
| Returns % | |
| 1 Month Return | + 0.38 % |
| 3 Month Return | + 2.33 % |
| 1 Year Return | + 31.37 % |
| Market Stats | |
| Previous Close | ₹236.08 |
| Open | ₹236.00 |
| Volume | 58.13L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹69,325.54Cr |
Ashok Leyland Key Statistics
| P/E Ratio | 26.38 |
| PEG Ratio | 15.89 |
| Market Cap | ₹69,325.54 Cr |
| P/B Ratio | 5.7 |
| EPS | 9.18 |
| Dividend Yield | 2.89 |
| Sector | Automobile |
| ROE | 30.38 |
Ashok Leyland Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹69,325.54 Cr | 36.41% | 0.64 | ₹2,696 Cr | ₹46,542 Cr | |
| HOLD | ₹37,501.98 Cr | 87.98% | 0.51 | ₹1,049 Cr | ₹8,849 Cr | |
| BUY | ₹2,81,624.46 Cr | 60.07% | 0.68 | ₹31,806 Cr | ₹4,37,927 Cr | |
| BUY | ₹3,72,293.52 Cr | 12.65% | 0.52 | ₹13,488 Cr | ₹1,41,858 Cr | |
| BUY | ₹3,99,309.54 Cr | 100.55% | 0.54 | ₹12,269 Cr | ₹1,39,078 Cr |
About Ashok Leyland
The company has several subsidiaries, such as Optare, a UK-based bus manufacturer, and Ashok Leyland Defence Systems, which focuses on military vehicles and defense solutions. Ashok Leyland operates in over 50 countries, including the UK, UAE, and Sri Lanka. A notable fact about Ashok Leyland is that it is the second-largest manufacturer of commercial vehicles in India and ranks among the top bus manufacturers globally. The company is a flagship of the Hinduja Group and has focused on expanding its product portfolio through innovation and strategic alliances. Ashok Leyland's popular brands include DOST, Partner, Boss, Mitr, and Captain. DOST is a light commercial vehicle, Partner is a light truck, Boss is a medium-duty truck, Mitr is a mini-bus, and Captain is a heavy-duty truck. The company is also involved in the production of electric vehicles and has recently launched a range of electric buses.
Share Price: ₹234.13 per share as on 03 Jan, 2025 04:04 PM
Market Capitalisation: ₹69,325.54Cr as of today
Revenue: ₹11,104.95Cr as on September 2024 (Q3 24)
Net Profit: ₹766.55Cr as on September 2024 (Q3 24)
Listing date: 03 Nov, 1994
Chairperson Name: D G Hinduja
| Organisation | Ashok Leyland |
| Headquarters | Chennai |
| Industry | Automobile |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - 03 Jan
01:06 PM
-Ashok Leyland shares surged over 6% after reporting a 5% increase in total sales in December 2024.
Key events for Ashok Leyland Ltd
Ashok Leyland Reports Strong December Sales Growth - 02 Jan, 2025
Ashok Leyland's total sales increased by 5% in December 2024, reaching 16,957 units. The stock surged over 6% following the positive sales report, outperforming its sector.MTC Expands Electric Bus Fleet with Ashok Leyland - 30 Dec, 2024
The Chennai Metropolitan Transport Corporation (MTC) plans to add 1,320 electric buses by the end of 2025, awarding a contract for 500 low-floor electric buses to OHM Global Mobility, a subsidiary of Ashok Leyland.MSRTC Expands Fleet, Boosting Ashok Leyland Demand - 18 Dec, 2024
The Maharashtra State Road Transport Corporation plans to add over 1,300 diesel buses to its fleet, enhancing public transport and increasing demand for Ashok Leyland's vehicles. This initiative aims to address bus shortages and improve commuter capacity across key regions in Maharashtra.Ashok Leyland Reports Mixed Financial Results - 16 Dec, 2024
Ashok Leyland's recent financial update shows a 2.5% revenue decline year-on-year, while net profits surged by 35%. The company continues to hold a significant market share in the MHCV segment.Ashok Leyland Secures Order, Announces Price Increase - 13 Dec, 2024
Ashok Leyland received a ₹345.58 crore order for 1,475 BSVI diesel bus chassis from TNSTC and announced a price increase of up to 3% effective January 2025 due to inflation and rising costs.Ashok Leyland Secures Major Orders and Launches Electric Buses - 12 Dec, 2024
Ashok Leyland has secured a significant order from Tamil Nadu for diesel bus chassis and launched new electric buses through its subsidiary, SWITCH Mobility. Additionally, a contract for electric buses was awarded to its subsidiary, OHM Global Mobility.Ashok Leyland's Switch Mobility Launches Electric Buses - 11 Dec, 2024
Switch Mobility, part of Ashok Leyland, unveiled its new electric city buses, EiV12 and E1, emphasizing sustainable mobility and targeting urban transport needs. The launch reflects strong market confidence with over 1,800 orders already secured.Urban Consumption Slowdown Affects Automobile Sector - 09 Dec, 2024
A decline in consumer sentiment in urban areas negatively impacted the second quarter earnings of major automobile companies, including Ashok Leyland. This trend reflects broader challenges in the automotive market.Ashok Leyland Reports Mixed Sales Performance - 05 Dec, 2024
Ashok Leyland's total wholesales grew 1% YoY to 14,137 units in November 2024. Domestic sales fell 4%, with medium and heavy vehicle sales up 8%, while light commercial vehicle sales dropped 11%.
Insights on Ashok Leyland Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTPrice Rise
In the last 7 days, ASHOKLEY stock has moved up by 7.1%
- POSITIVE IMPACT
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
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 21.85% to 24.20% in Sep 2024 quarter
- POSITIVE IMPACT
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
NO EFFECTAgainst Peers
In the last 1 year, Action Construction Equipment Ltd has given 68.5% return, outperforming this stock by 37.2%
- NO EFFECT
Against Peers
In the last 3 years, Jupiter Wagons Ltd has given 1060.9% return, outperforming this stock by 976.1%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 51.11% of holdings in Sep 2024 quarter
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 12.15% to 11.57% in Sep 2024 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 6.74% to 5.34% in Sep 2024 quarter
News
Bourses’ Nod For Ambuja Cements-Adani Merger
Ambuja Cements Ltd has received an observation letter with no objection from the National Stock Exchange (NSE) and no adverse observations from Bombay Stock Exchange (BSE) with regards to merger with Adani Cementation Ltd. The proposal for a merger between Adani Cementation and Ambuja Cements had received approval from the board in June 2024.03 Jan, 2025 10:04 AMAmbuja Cements-Adani Merger Receives Major Approval from Stock Exchanges
Ambuja Cements Ltd has received an observation letter with no objection from the National Stock Exchange (NSE) and no adverse observations from the Bombay Stock Exchange (BSE) about the merger with Adani Cementation Ltd. The proposal for a merger between Adani Cementation and Ambuja Cements had received approval from the board in June 2024. Ambuja Cements is set to boost efficiency, enhance competitive strength and simplify compliance processes. Ambuja Cement acquired Orient Cement Ltd (OCL) at an equity value of Rs 8,100 crore in October last year. The company announced the acquisition of 46.8 per cent shares of OCL from its current promoters and certain public shareholders and the acquisition will be fully funded through internal accruals. Ambuja, with its subsidiaries ACC Ltd, Penna Cement Industries Ltd and Sanghi Industries Ltd, has taken the Adani Groups cement capacity to 88.9 MTPA, with 20 integrated cement manufacturing plants, 20 cement grinding units and 12 bulk terminals across the country.02 Jan, 2025 06:08 PMAmbuja Cements-Adani Merger Receives No Objection Letter from Stock Exchanges
Ambuja Cements Ltd has received an observation letter with no objection from the National Stock Exchange (NSE) and no adverse observations from Bombay Stock Exchange (BSE) with regards to merger with Adani Cementation Ltd.02 Jan, 2025 04:45 PMAshok Leyland Financials
Index Inclusions
Ashok Leyland Shareholding Pattern
| 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 Key Indicators
Ashok Leyland Valuation
Ashok Leyland in the last 5 years
Lowest (-3802.50x)
November 15, 2021
Today (26.38x)
January 2, 2025
Industry (35.50x)
January 2, 2025
Highest (245.62x)
October 7, 2022
Ashok Leyland Earnings and Dividends
Ashok Leyland Ltd Earnings Results
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 ResultsAshok Leyland Ltd Dividends November,2024
In the quarter ending September 2024, Ashok Leyland Ltd has declared dividend of ₹2 - translating a dividend yield of 2.94%.
Read More about Dividends
Ashok Leyland Technicals Summary
Bearish
Neutral
Bullish
Ashok Leyland Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Ashok Leyland Ltd (ASHOKLEY) share price today is ₹234.13
Ashok Leyland Ltd is listed on NSE
Ashok Leyland Ltd is listed on BSE
- Today’s highest price of Ashok Leyland Ltd is ₹236.5.
- Today’s lowest price of Ashok Leyland Ltd is ₹232.35.
PE Ratio of Ashok Leyland Ltd is 26.38
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 58.13L.
Today’s market capitalisation of Ashok Leyland Ltd(ASHOKLEY) is ₹69325.54Cr.
| Ashok Leyland Ltd(ASHOKLEY | Price |
|---|---|
52 Week High | ₹290.53 |
52 Week Low | ₹157.55 |
Ashok Leyland Ltd(ASHOKLEY) share price is ₹234.13. It is down -19.41% from its 52 Week High price of ₹290.53
Ashok Leyland Ltd(ASHOKLEY) share price is ₹234.13. It is up 48.61% from its 52 Week Low price of ₹157.55
| Ashok Leyland Ltd(ASHOKLEY | Returns |
|---|---|
1 Day Returns | -1.95% |
1 Month Returns | 0.38% |
3 Month Returns | 2.33% |
1 Year Returns | 31.37% |