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13 Apr 2025 |
Ashok Leyland
|
Consensus Share Price Target
|
208.50 |
252.45 |
- |
21.08 |
buy
|
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05 Mar 2025
|
Ashok Leyland
|
Geojit BNP Paribas
|
208.50
|
251.00
|
209.21
(-0.34%)
|
20.38 |
Buy
|
|
|
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14 Feb 2025
|
Ashok Leyland
|
KRChoksey
|
208.50
|
252.00
|
213.85
(-2.50%)
|
20.86 |
Buy
|
|
|
For Q3FY25, AL sold 46,404 vehicles, a decrease of 1.4% YoY (+1.7% QoQ). The revenue for the quarter was INR 94,787 Mn, which was up by 2.2% YoY (+8.1% QoQ), outperformed our estimate.
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13 Feb 2025
|
Ashok Leyland
|
Axis Direct
|
208.50
|
245.00
|
217.07
(-3.95%)
|
17.51 |
Buy
|
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|
We maintain our BUY rating on the stock.
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13 Feb 2025
|
Ashok Leyland
|
Anand Rathi
|
208.50
|
260.00
|
217.07
(-3.95%)
|
24.70 |
Buy
|
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|
Surpassing our Rs11.3bn estimate on more-than-expected revenue and less-than-anticipated other expenses, Ashok Leyland’s Q3 EBITDA grew 9% y/y to Rs12.1bn.
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13 Feb 2025
|
Ashok Leyland
|
BOB Capital Markets Ltd.
|
208.50
|
274.00
|
217.07
(-3.95%)
|
31.41 |
Buy
|
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|
Q3FY25 revenue grew 2%/8% YoY/QoQ to Rs 94.76bn, helped by realisation gains of 4%/6% YoY/QoQ while volume was listless
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13 Feb 2025
|
Ashok Leyland
|
Prabhudas Lilladhar
|
208.50
|
244.00
|
217.07
(-3.95%)
|
17.03 |
Accumulate
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16 Dec 2024
|
Ashok Leyland
|
Sharekhan
|
208.50
|
268.00
|
234.84
(-11.22%)
|
28.54 |
Buy
|
|
|
We reiterate our BUY rating on Ashok Leyland (ALL) on (1) its focus on profitability over plain vanilla volume growth strategy, (2) sustaining EBITDA margin over the 10% mark, (3) passing on cost inflation to customers to save profitability
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12 Nov 2024
|
Ashok Leyland
|
KRChoksey
|
208.50
|
252.00
|
221.12
(-5.71%)
|
20.86 |
Accumulate
|
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|
For Q2FY25, AL sold a total of 45,624 vehicles, a decrease of 8.5% YoY (+3.9% QoQ). The revenue for the quarter was INR 87,689 Mn, which was down by 9.0% YoY (+2.0% QoQ). Missing our estimates by 2.9%.
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11 Nov 2024
|
Ashok Leyland
|
BP Wealth
|
208.50
|
|
224.34
(-7.06%)
|
|
Results Update
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11 Nov 2024
|
Ashok Leyland
|
Axis Direct
|
208.50
|
250.00
|
224.34
(-7.06%)
|
19.90 |
Buy
|
|
|
We upgrade our rating from HOLD to BUY on the stock from a long term perspective
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09 Nov 2024
|
Ashok Leyland
|
BOB Capital Markets Ltd.
|
208.50
|
279.00
|
221.89
(-6.03%)
|
33.81 |
Buy
|
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Q2FY25 revenue grew 9% YoY to Rs 87.6bn (up 2% QoQ), helped by flat realisations YoY while volume fell by 9%
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09 Nov 2024
|
Ashok Leyland
|
Emkay
|
208.50
|
275.00
|
221.89
(-6.03%)
|
31.89 |
Buy
|
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|
Despite muted volumes in 2Q, AL reported 100bps margin expansion to 11.6% on sustained pricing discipline, material cost controls, and growth in the non-MHCV portfolio.
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08 Nov 2024
|
Ashok Leyland
|
Sharekhan
|
208.50
|
268.00
|
221.89
(-6.03%)
|
28.54 |
Buy
|
|
|
With sharp gross margin expansion and healthy traction in non-vehicle business ALL beats estimates in Q2FY25.
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10 Sep 2024
|
Ashok Leyland
|
Sharekhan
|
208.50
|
285.00
|
248.25
(-16.01%)
|
36.69 |
Buy
|
|
|
We reiterate our Buy recommendation on Ashok Leyland Ltd (ALL) based on healthy momentum in the MHCV industry in H2FY25 as compared to the first half.
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02 Aug 2024
|
Ashok Leyland
|
Geojit BNP Paribas
|
208.50
|
280.00
|
250.15
(-16.65%)
|
34.29 |
Buy
|
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30 Jul 2024
|
Ashok Leyland
|
KRChoksey
|
208.50
|
282.00
|
253.59
(-17.78%)
|
35.25 |
Accumulate
|
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The revenue for the Q1FY25 stood at INR 85,985 Mn, which grew by 5.0% YoY/ (-23.7% QoQ) driven by healthy growth in CV volumes. Revenue was in line with our estimate (-1.2%).
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29 Jul 2024
|
Ashok Leyland
|
Axis Direct
|
208.50
|
230.00
|
256.35
(-18.67%)
|
Target met |
Hold
|
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We maintain our HOLD rating on the stock with a limited upside potential.
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28 Jul 2024
|
Ashok Leyland
|
Prabhudas Lilladhar
|
208.50
|
261.00
|
246.38
(-15.37%)
|
Target met |
Accumulate
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26 Jul 2024
|
Ashok Leyland
|
Sharekhan
|
208.50
|
285.00
|
246.38
(-15.37%)
|
36.69 |
Buy
|
|
|
Ashok Leyland Limited’s (ALL) reported revenue missed estimate by mere 1.5%, while EBITDA margin missed estimate by 110 bps due to higher-than-expected other expenses.
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26 Jul 2024
|
Ashok Leyland
|
ICICI Securities Limited
|
208.50
|
146.00
|
246.38
(-15.37%)
|
29.98 |
Sell
|
|
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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.
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