Ashok Leyland Ltd.

NSE: ASHOKLEY | BSE: 500477 | ISIN: INE208A01029 | Industry: Commercial Vehicles
| Turnaround Potential
131.0100 -0.19 (-0.14%)
NSE Aug 25, 2025 15:31 PM
Volume: 5.3M
 

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Ashok Leyland Ltd.
25 Jul 2023, 12:00AM
131.01
-0.14%
ICICI Securities Limited
Ashok Leyland’s (AL) Q1FY24 EBITDA margin at 10% (up 560bps YoY) was ~100bps ahead of consensus estimate, despite it being a seasonally weak quarter. Margin expansion was led primarily by gross margin improvement through favourable mix (higher mix of spares and gensets), controlled discounting and cost-saving initiatives.
Deven Choksey released a Buy report for Ashok Leyland Ltd. with a price target of 155.0 on 20 Aug, 2025.
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