🔔 Sales Alert
Ashok Leyland reports 8% increase in January sales, totaling 17,213 units, with significant growth in medium and heavy commercial vehicle sales.
Ashok Leyland Analyst Rating
based on 38 analysts
78.95%
Buy
10.53%
Hold
10.53%
Sell
Based on 38 analysts offering long term price targets for Ashok Leyland. An average target of ₹251.92
Source: S&P Global Market Intelligence
Ashok Leyland Share analysis
Ashok Leyland price forecast by 38 analysts
Upside of23.54%
High
₹325
Target
₹251.92
Low
₹160
Ashok Leyland target price ₹251.92, a slight upside of 23.54% compared to current price of ₹211.67. According to 38 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Ashok Leyland revenue growth forecast
Expected growth rate Q1, FY2027:
Forecast
Actual
Including amortisation and stock based compensations
Ashok Leyland EPS growth forecast
EPS estimate Q1, FY2027:54.02%
Forecast
Actual
Source: S&P Global Market Intelligence
Ashok Leyland Performance
Day's Low
Day's High
₹206.98Day's Price Range₹211.9952 Week's Low
52 Week's High
₹157.5552-Week Price Range₹264.65
| Returns % | |
| 1 Month Return | -9.84 % |
| 3 Month Return | -2.3 % |
| 1 Year Return | + 13.76 % |
| Market Stats | |
| Previous Close | ₹203.91 |
| Open | ₹208.00 |
| Volume | 69.15L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹59,878.73Cr |
Ashok Leyland Key Statistics
| P/E Ratio | 22.78 |
| PEG Ratio | 13.72 |
| Market Cap | ₹59,878.73 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 | ₹59,878.73 Cr | 31.62% | 0.64 | ₹2,696 Cr | ₹46,542 Cr | |
| HOLD | ₹37,240.19 Cr | 58.63% | 0.51 | ₹1,049 Cr | ₹8,849 Cr | |
| BUY | ₹2,53,058.93 Cr | 62.98% | 0.68 | ₹31,806 Cr | ₹4,37,927 Cr | |
| BUY | ₹4,13,123.41 Cr | 16.5% | 0.52 | ₹13,488 Cr | ₹1,41,858 Cr | |
| BUY | ₹3,94,609.00 Cr | 90.01% | 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: ₹211.67 per share as on 04 Feb, 2025 04:01 PM
Market Capitalisation: ₹59,878.73Cr 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 - Invalid Date
10:42 AM
-Ashok Leyland ranks number one globally in ESG Risk Rating for Heavy Machinery and Trucks sector in Q3 FY25.
11:48 AM
-Ashok Leyland reports 8% year-on-year increase in January sales, totaling 17,213 units.
Key events for Ashok Leyland Ltd
Ashok Leyland Achieves Sales Growth and ESG Recognition - 04 Feb, 2025
Ashok Leyland reported an 8% increase in January sales, reaching 17,213 units. Additionally, it achieved the top global ESG ranking in its sector, emphasizing sustainability efforts.Ashok Leyland Reports Growth Amid Market Challenges - 01 Feb, 2025
Ashok Leyland achieved an 8% YoY increase in January 2025 vehicle sales. However, a reduction in capex allocation led to a decline in stock price.Ashok Leyland Ltd Sees Positive Movement - 30 Jan, 2025
Ashok Leyland Ltd shares rose 1.83% to Rs 209.81, marking a 19.28% increase over the past year. Despite a 4.85% drop in the last month, the stock has gained for three consecutive sessions. The Nifty Auto index has also seen a slight decline of 0.97% in the same period.Ashok Leyland Partners for Customized Financing Solutions - 22 Jan, 2025
Ashok Leyland has signed a Memorandum of Understanding with ESAF Small Finance Bank to offer tailored vehicle financing solutions, enhancing customer access to loans and promoting financial inclusion.Ashok Leyland Q3 Profit Expected to Rise - 21 Jan, 2025
PL Capital forecasts Ashok Leyland's Q3 net profit to increase by 14.9% year-on-year to Rs. 667.1 crore, despite a slight decline in net sales.Ashok Leyland Launches New Entry-Level LCV 'Saathi' - 18 Jan, 2025
Ashok Leyland unveiled its new entry-level light commercial vehicle 'Saathi' at the Bharat Mobility Global Expo, featuring advanced technology, larger loading area, and competitive pricing.Ashok Leyland Launches Saathi Mini-Truck to Compete - 17 Jan, 2025
Ashok Leyland has entered the mini-truck market with the launch of Saathi, aiming for a 20% market share. The vehicle offers enhanced performance and comfort, with plans for CNG and electric variants in the future.BMTC Introduces Electric Buses Supplied by Ashok Leyland - 13 Jan, 2025
BMTC has launched its first air-conditioned electric buses in Bengaluru, supplied by OHM Global Mobility, a subsidiary of Ashok Leyland. The contract includes 320 electric buses.Mixed Analyst Recommendations for Ashok Leyland - 10 Jan, 2025
Analysts provide mixed recommendations for Ashok Leyland. One suggests selling with a target of ₹206, while another sets a target price of ₹240-243, citing healthy margins despite weak volume growth.Ashok Leyland Embraces Electric Vehicle Revolution - 06 Jan, 2025
Ashok Leyland, through its subsidiary Switch Mobility, is positioning itself as a leader in the electric vehicle market, viewing it as a significant opportunity for sustainable transportation.
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 IMPACTProfit 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
- 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
MF Holding Up
Mutual Funds have increased holdings from 5.34% to 6.20% in Dec 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Action Construction Equipment Ltd has given 26.3% return, outperforming this stock by 12.6%
- NO EFFECT
Against Peers
In the last 3 years, Jupiter Wagons Ltd has given 585.2% return, outperforming this stock by 535.4%
NEGATIVE IMPACTPromoter Holding Down
Promoters have decreased holdings from 51.11% to 51.10% in Dec 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 11.57% to 11.19% in Dec 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 24.20% to 23.89% in Dec 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, ASHOKLEY stock has moved down by -0.4%
News
Ashok Leyland Reports 8% Increase in January Sales
Ashok Leyland reports 8% increase at 17,213 units in January sales. Ashok Leylands medium and heavy commercial vehicle sales rose to 11,384 units in January, up from 10,218 units in January of the previous year. Sales of light commercial vehicles reached 5,829 units last month, a slight increase from 5,721 units in January of the previous fiscal year.04 Feb, 2025 01:36 PMAshok Leyland Reports 8% Sales Increase in January
Commercial vehicle maker Ashok Leyland on Monday reported 8 per cent year-on-year increase in total sales at 17,213 units in January. The company had reported sales of 15,939 units in January of last fiscal. Sales of medium and heavy commercial vehicles stood at 11,384 units as compared to 10,218 units in the year-ago period, Ashok Leyland said in a statement. Light commercial vehicle sales stood at 5,829 units last month as compared with 5,721 units in January of last fiscal.04 Feb, 2025 11:48 AMAshok Leyland Tops Global ESG Rankings in Heavy Machinery Sector
Ashok Leyland has achieved the number one global ranking in Sustainalytics ESG Risk Rating for the Heavy Machinery and Trucks sector in Q3 FY25. The rating from Sustainalytics, which evaluates companies on environmental management, social responsibility, and corporate governance, positions the Indian commercial vehicle manufacturer at the top of its industry segment. Shenu Agarwal, MD & CEO of Ashok Leyland, said the recognition aligns with the companys goal of becoming one of the top 10 global commercial vehicle players. Alok Verma, Head of Corporate Strategy & ESG, emphasized the companys focus on integrating sustainability into its core business strategy. The company has announced environmental targets including carbon-neutral operations by 2030 and net-zero emissions by 2048. It has also committed to achieving 100% renewable energy usage by 2030 through the RE100 initiative. Ashok Leyland, the Indian flagship of the Hinduja Group, has shifted from a compliance-based approach to incorporating sustainability across its business operations, product development, and corporate social responsibility initiatives. The assessment by Sustainalytics covered multiple ESG parameters and evaluated the companys performance in sustainable business practices. Sustainalytics provides ESG research and ratings globally, helping investors and stakeholders assess companies sustainability performance. The automotive manufacturers recognition comes as the commercial vehicle industry faces increasing pressure to adopt sustainable practices and reduce environmental impact. Ashok Leylands position in the Indian market as a leading commercial vehicle manufacturer adds significance to its sustainability commitments. The company has established itself in Indias commercial vehicle sector since its founding in 1948, with a substantial presence in both domestic and international markets. This ESG ranking reflects its evolution from a traditional manufacturer to one focused on sustainable mobility solutions.04 Feb, 2025 10:42 AMAshok Leyland Financials
Index Inclusions
Ashok Leyland Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 51.1% | 0.00 | |
| Foreign Institutions | 23.89% | ||
| Mutual Funds | 6.2% | 16.12 | |
| Retail Investors | 11.19% | ||
| Others | 7.62% |
Ashok Leyland Key Indicators
Ashok Leyland Valuation
Ashok Leyland in the last 5 years
Lowest (-3802.50x)
November 15, 2021
Today (22.78x)
February 3, 2025
Industry (36.63x)
February 3, 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 3.28%.
Read More about Dividends
Ashok Leyland Technicals Summary
Bearish
Neutral
Bullish
Ashok Leyland Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Ashok Leyland Ltd
What is Ashok Leyland Ltd price today?
Ashok Leyland Ltd share price today stands at ₹211.67, Open: ₹208, Previous Close: ₹203.91, High: ₹211.99, Low: ₹206.98, 52 Week High: ₹264.65, 52 Week Low: ₹157.55.
How to Buy Ashok Leyland Ltd Share in India?
- Get a PAN card
- Open a Demat account
- Open a Trading account
- Link your Demat account to your Trading account
- Fund your Trading account
- Place an order to buy Ashok Leyland Ltd shares
Is Ashok Leyland Ltd listed on NSE?
Ashok Leyland Ltd is listed on NSE
Is Ashok Leyland Ltd listed on BSE?
Ashok Leyland Ltd is listed on BSE
What are today's High and Low prices of Ashok Leyland Ltd?
- Today's highest price of Ashok Leyland Ltd is ₹211.99.
- Today's lowest price of Ashok Leyland Ltd is ₹206.98.
What are today's traded volumes of Ashok Leyland Ltd?
Today's traded volume of Ashok Leyland Ltd(ASHOKLEY) is 69.15L.
What is today's market capitalisation of Ashok Leyland Ltd?
Today's market capitalisation of Ashok Leyland Ltd(ASHOKLEY) is ₹59878.73Cr.
What is the 52 Week High and Low Range of Ashok Leyland Ltd?
How much percentage Ashok Leyland Ltd is down from its 52 Week High?
Ashok Leyland Ltd (ASHOKLEY) share price is ₹211.67. It is down -20.02% from its 52 Week High price of ₹264.65
How much percentage Ashok Leyland Ltd is up from its 52 Week low?
Ashok Leyland Ltd (ASHOKLEY) share price is ₹211.67. It is up 34.35% from its 52 Week Low price of ₹157.55
What are the historical returns of Ashok Leyland Ltd?
What is the PE ratio of Ashok Leyland Ltd today?
PE Ratio of Ashok Leyland Ltd is 22.78
PE ratio = Ashok Leyland Ltd Market price per share / Ashok Leyland Ltd Earnings per share