Name: Latest research reports of Ashok Leyland Ltd. authored by BOB Capital Markets Ltd. and published by - Trendlyne research reports.
Item: Ashok Leyland Ltd.
Rating: 5
Author: BOB Capital Markets Ltd.

Ashok Leyland Ltd.

NSE: ASHOKLEY | BSE: 500477 | ISIN: INE208A01029 | Industry: Commercial Vehicles
| Mid-range Performer

233.2000 -2.42 (-1.03%)

NSE Jun 05, 2025 11:48 AM

Volume: 3.2M

Ashok Leyland Ltd.

09 Nov 2024

233.20

-1.03%

Ashok Leyland (BUY): Cost respite aids steady show; recovery in sight. Retain BUY

Buy: Ashok Leyland Ltd.

Target

BOB Capital Markets Ltd.

Q2FY25 revenue grew 9% YoY to Rs 87.6bn (up 2% QoQ), helped by flat realisations YoY while volume fell by 9%

Promoters pledged 11.05% of shares in last quarter. Total pledge stands at 41.15% of promoter holdings