Ashok Leyland Ltd.

NSE: ASHOKLEY | BSE: 500477 | ISIN: INE208A01029 | Industry: Commercial Vehicles
| Mid-range Performer
115.4200 -4.39 (-3.66%)
NSE Aug 08, 2025 15:31 PM
Volume: 10.9M
 

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Ashok Leyland Ltd.
10 Nov 2016
115.42
-3.66%
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research Ashok Leyland's Q2FY17 results were above our estimates on all parameters. Revenues came in at | 4622 crore (down 7% YoY, up 9% QoQ) above our estimate of | 4375 crore. Total volumes declined 10% YoY to 33440 units, with MHCV volumes declining 15% YoY to 25340 units while LCV volumes grew 9% YoY to 8100 units. The beat on revenues was on account of higher than estimated ASPs Reported EBITDA was at | 537 crore (down 14% YoY, up 13% QoQ)...
Ashok Leyland Ltd. is trading above its 200 day SMA of 112.5
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