Ashok Leyland Ltd.

NSE: ASHOKLEY | BSE: 500477 | ISIN: INE208A01029 | Industry: Commercial Vehicles
| Mid-range Performer
120.7300 -1.24 (-1.02%)
NSE Aug 06, 2025 15:31 PM
Volume: 4.4M
 

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Ashok Leyland Ltd.
25 Jul 2023
120.73
-1.02%
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.
Ashok Leyland Ltd. is trading above its 200 day SMA of 112.4
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