|
30 Jul 2025 |
Ashok Leyland
|
Consensus Share Price Target
|
121.90 |
133.96 |
- |
9.89 |
buy
|
|
|
|
|
13 Nov 2023
|
Ashok Leyland
|
Axis Direct
|
121.90
|
205.00
|
175.90
(-30.70%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating on the stock.
|
|
11 Nov 2023
|
Ashok Leyland
|
Prabhudas Lilladhar
|
121.90
|
210.00
|
173.80
(-29.86%)
|
Target met |
Buy
|
|
|
|
|
11 Nov 2023
|
Ashok Leyland
|
BOB Capital Markets Ltd.
|
121.90
|
210.00
|
173.80
(-29.86%)
|
Target met |
Buy
|
|
|
Q2 net realisation per vehicle grew at healthy 6% to Rs 1,933k on price hikes of 1-2% in CVs
|
|
15 Sep 2023
|
Ashok Leyland
|
Axis Direct
|
121.90
|
210.00
|
183.00
(-33.39%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating on the stock with the TP of Rs 210/share, valuing the stock at 19x Jun'25E EPS (unchanged), implying an upside of 17% from the CMP.
|
|
19 Aug 2023
|
Ashok Leyland
|
Axis Direct
|
121.90
|
205.00
|
186.40
(-34.60%)
|
Target met |
Buy
|
|
|
Recommendation: We maintain our BUY rating on the stock with the TP at Rs 205/share.
|
|
29 Jul 2023
|
Ashok Leyland
|
BOB Capital Markets Ltd.
|
121.90
|
210.00
|
179.30
(-32.01%)
|
Target met |
Buy
|
|
|
Q1 revenue up 13% YoY despite weak seasonality, led by a mix of volume growth (+5%) and realisation gains (+8%)
|
|
26 Jul 2023
|
Ashok Leyland
|
Geojit BNP Paribas
|
121.90
|
210.00
|
181.10
(-32.69%)
|
Target met |
Buy
|
|
|
|
|
25 Jul 2023
|
Ashok Leyland
|
ICICI Securities Limited
|
121.90
|
185.00
|
182.45
(-33.19%)
|
Target met |
Hold
|
|
|
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.
|
|
25 Jul 2023
|
Ashok Leyland
|
Prabhudas Lilladhar
|
121.90
|
225.00
|
182.80
(-33.32%)
|
Target met |
Buy
|
|
|
|
|
25 Jul 2023
|
Ashok Leyland
|
Axis Direct
|
121.90
|
210.00
|
182.80
(-33.32%)
|
Target met |
Buy
|
|
|
We have BUY rating on the stock
|