NSE: ASHOKLEY | BSE: 500477

Mid-range Performer

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197.66 -7.48 (-3.65%)

25.31% Fall from 52W High

6.5M NSE+BSE Volume

NSE 07 Apr, 2025 11:18 AM (IST)

58,043.4

Market Cap

Market Leader

1.5

Beta 1Year

Very 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.

Ashok Leyland Ltd.

26 Jul 2024

197.66

-3.65%

Weak profitability as per seasonality; maintain SELL with limited volume growth outlook

Sell: Ashok Leyland Ltd.

Target

ICICI Securities Limited

Ashok Leyland’s (AL) EBITDAM, at 10.6% (down 350bps QoQ), missed consensus estimate by 60bps, due to weaker operating leverage, with Q1 being a seasonally weak quarter and one-off costs driven by battery pack/module.

Ashok Leyland Ltd. has an average target of 250.00 from 11 brokers.

Ashok Leyland Ltd.

25 Jul 2024

197.66

-3.65%

Margins miss estimates; demand drivers remain intact

Buy: Ashok Leyland Ltd.

Target

Motilal Oswal

Ashok Leyland’s (AL) 1QFY25 result was a miss as EBITDA margin at 10.6% (up 60bp YoY) came in lower than our est. of 12.4% largely due to onetime expenses for the battery pack software.

Promoters pledged 2.87% of shares in last quarter. Total pledge stands at 30.10% of promoter holdings

Ashok Leyland Ltd.

03 Jun 2024

197.66

-3.65%

Margin-boosting factors remain strong with positive volume growth

Accumulate: Ashok Leyland Ltd.

Recommendation Target

KRChoksey

For Q4FY24, revenue for the quarter was at INR 112,667 Mn (-3.1% YoY +21.5% QoQ). Revenue was in line with our estimate.

Number of FII/FPI investors decreased from 811 to 732 in Dec 2024 qtr

Ashok Leyland Ltd.

27 May 2024

197.66

-3.65%

Result Update:Ashok Leyland

Hold: Ashok Leyland Ltd.

Target

Axis Direct

The CV industry has grown at a CAGR of ~19% over FY21-24. After a strong upcycle we factor stability in tonnage capacity within the industry over the next few quarters because of a high base. Thus, we maintain our HOLD rating on the stock with a limited upside potential.

Promoters pledged 2.87% of shares in last quarter. Total pledge stands at 30.10% of promoter holdings

Ashok Leyland Ltd.

26 May 2024

197.66

-3.65%

Upgrade to BUY; potential upcycle from FY26E, attractive valuations

Buy: Ashok Leyland Ltd.

Recommendation Target

Emkay

We upgrade AL to BUY from Sell with new TP of Rs250/share at 12.5x FY26E
EV/EBITDA + 2x P/B for Hinduja Leyland Finance, on upcycle potential from
FY26.

Ashok Leyland Ltd. has an average target of 250.00 from 11 brokers.

Ashok Leyland Ltd.

25 May 2024

197.66

-3.65%

Ashok Leyland (BUY): Healthy show, all set to continue momentum; retain BUY

Buy: Ashok Leyland Ltd.

Target

BOB Capital Markets Ltd.

Healthy base keeps revenue growth listless in Q4, strong growth of 22% QoQ; volume grew a sturdy ~20% YoY/QoQ

Ashok Leyland Ltd. has an average target of 250.00 from 11 brokers.

Ashok Leyland Ltd.

24 May 2024

197.66

-3.65%

Q4 beats hopes, focus stays on margins

Buy: Ashok Leyland Ltd.

Target

Sharekhan

We retain a Buy with revised PT of Rs.244 in expectation of sustainable double-digit EBITDA margin and its profit focused volume growth strategy

Promoters pledged 2.87% of shares in last quarter. Total pledge stands at 30.10% of promoter holdings

Ashok Leyland Ltd.

17 Apr 2024

197.66

-3.65%

Ashok Leyland

Sell: Ashok Leyland Ltd.

Recommendation Target

ICICI Securities Limited

Ashok Leyland Ltd. is trading below all available SMAs

Ashok Leyland Ltd.

16 Feb 2024

197.66

-3.65%

Medium-term growth and margin drivers intact; near term to see some volume pressure

Buy: Ashok Leyland Ltd.

KRChoksey

For Q3FY24, AL’s revenue grew by 2.7% YoY (-3.8% QoQ) to INR 92,730 Mn. The revenue growth slowed down in the quarter from 15.1% YoY seen in H1FY24, on account of elections in some large states held in Q3FY24 impacting volumes.

Number of FII/FPI investors decreased from 811 to 732 in Dec 2024 qtr

Ashok Leyland Ltd.

07 Feb 2024, 12:00AM

197.66

-3.65%

First Light | Ashok Leyland, Greenlam Industries, Orient Cement, Prince Pipes & Fittings

Buy: Ashok Leyland Ltd.

Target

BOB Capital Markets Ltd.

AL: Margins continue to improve, maintain BUY. GRLM: Soft quarter on tepid demand environment. ORCMNT: Topline muted as volumes decline. PRINCPIP: Lacklustre quarter on sustained market share loss

Number of FII/FPI investors decreased from 811 to 732 in Dec 2024 qtr

No results found

Is Ashok Leyland Ltd. worth buying?

5202 Votes:

Buy 76.82%

Sell 13.07%

Hold 10.11%

RESEARCH REPORTS

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Buy SEE REPORTS >

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