NSE: ASHOKLEY | BSE: 500477

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187.98 3.73 (2.02%)

Near 52W High of ₹191.80

11.1M NSE+BSE Volume

NSE 19 Jan, 2026 3:31 PM (IST)

110,416.7

Market Cap

Market Runner Up

Beta 1Year

High Volatility

Ashok Leyland Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for ASHOKLEY, BSE:500477 Ashok Leyland Ltd.

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Ashok Leyland Ltd.

19 Nov 2025, 12:00AM

187.98

2.02%

Robust operational quarter led by improving demand, better mix, and disciplined cost control

Accumulate: Ashok Leyland Ltd.

Recommendation Target

Deven Choksey

Ashok Leyland enters H2FY26 on a strong footing, supported by improving freight activity, GST-led demand uplift, and a healthy order environment across trucks, buses and LCVs.

Ashok Leyland Ltd. has an average target of 159.20 from 9 brokers.

Ashok Leyland Ltd.

16 Nov 2025

187.98

2.02%

About the stock: Ashok Leyland (ALL) is a pure-play CV manufacturer FY25 product mix LCV goods 35%, trucks 50%, buses 15% Q2FY26 Results: Company reported healthy operational performance in Q2'26. Standalone revenues for Q2FY26 came in at 9,588 crore, up 9.3% YoY amidst 8% growth in volumes to 49k units. EBITDA for the quarter came in at 1,162 crore with margins at 12.1%, up 100 bps QoQ. Consequent PAT in Q2FY26 came in at ...

Ashok Leyland has gained 81.97% in the last 1 Year

Ashok Leyland Ltd.

13 Nov 2025

187.98

2.02%

Result Update:Ashok Leyland

Buy: Ashok Leyland Ltd.

Target

Axis Direct

We maintain our BUY rating on the stock.

Ashok Leyland has gained 53.77% in the last 6 Months

Ashok Leyland Ltd.

13 Nov 2025

187.98

2.02%

BP Equities Q2FY26 Result Update Ashok Leyland Ltd

Results Update: Ashok Leyland Ltd.

BP Wealth

...

Ashok Leyland has gained 81.97% in the last 1 Year

Ashok Leyland Ltd.

12 Nov 2025

187.98

2.02%

Improved mix drives margin expansion

Buy: Ashok Leyland Ltd.

Target

Motilal Oswal

Ashok Leyland (AL)’s 2QFY26 PAT stood at INR8b. It was 8% ahead of our estimate, primarily driven by a higher-than-expected other income, even as EBITDA came in line.

Ashok Leyland Ltd. has an average target of 159.20 from 9 brokers.

Ashok Leyland Ltd.

13 Oct 2025

187.98

2.02%

Pick of the Week:Ashok Leyland

Buy: Ashok Leyland Ltd.

Target

Axis Direct

We recommend a BUY on the stock with a TP of Rs 152 implying an upside of 10 from the CMP

Ashok Leyland has gained 81.97% in the last 1 Year

Ashok Leyland Ltd.

28 Aug 2025

187.98

2.02%

ASHOK LEYLAND LTD

Buy: Ashok Leyland Ltd.

Geojit BNP Paribas

AL is coming up with several new MHCV and LCV products in H2FY26. These include heavy -duty tippers, tractor trailers and multi-axle vehicles with industry-best peak power and torque and other premium features. The company is also foraying into the LNG segment and a bi-fuel LCV product this FY. The new Andhra Pradesh plant is ramping to 200 units/ month by year-end. The company is targeting production of 1650 units/month from the current rate of 950/month. Management is confident in the H2 uptrend, driven by new...

Number of MF schemes increased from 28 to 39 in Dec 2025 qtr.

Ashok Leyland Ltd.

20 Aug 2025

187.98

2.02%

Resilient growth trajectory supported by expanding product mix, cost control, and defence visibility

Buy: Ashok Leyland Ltd.

Deven Choksey

Management retained its guidance of mid-single digit MHCV volume growth and slightly higher growth in the LCV segment for FY26E, led by a stronger 2HFY26E driven by replacement demand, higher government capex, easing steel costs, and new product launches across MHCV, LCV, and alternate fuel platforms.

Ashok Leyland has gained 81.97% in the last 1 Year

Ashok Leyland Ltd.

18 Aug 2025, 12:00AM

187.98

2.02%

Result Update:Ashok Leyland

Buy: Ashok Leyland Ltd.

Axis Direct

We maintain our BUY rating on the stock.

Ashok Leyland has gained 81.97% in the last 1 Year

Ashok Leyland Ltd.

15 Aug 2025

187.98

2.02%

Improved mix drives margin expansion

Buy: Ashok Leyland Ltd.

Motilal Oswal

Ashok Leyland’s (AL) 1Q PAT stood at INR5.9b, marginally ahead of our estimate of INR5.8b, led by a slight beat on margins (30bp) and higher other income.

Ashok Leyland has gained 39.75% in the last 3 Months

Is Ashok Leyland Ltd. worth buying?

5386 Votes:

Buy 76.81%

Sell 12.92%

Hold 10.27%

RESEARCH REPORTS

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