|
17 Sep 2025 |
Ashok Leyland
|
Consensus Share Price Target
|
136.77 |
140.76 |
- |
2.92 |
buy
|
|
|
|
|
07 Feb 2024
|
Ashok Leyland
|
BOB Capital Markets Ltd.
|
136.77
|
226.00
|
177.80
(-23.08%)
|
Target met |
Buy
|
|
|
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
|
|
06 Feb 2024
|
Ashok Leyland
|
ICICI Direct
|
136.77
|
225.00
|
179.95
(-24.00%)
|
Target met |
Buy
|
|
|
|
|
06 Feb 2024
|
Ashok Leyland
|
BOB Capital Markets Ltd.
|
136.77
|
226.00
|
179.95
(-24.00%)
|
Target met |
Buy
|
|
|
Q3 revenue grew 3% YoY to Rs 92.7bn in a challenging quarter, aided by 3% higher realisation
|
|
16 Nov 2023
|
Ashok Leyland
|
BP Wealth
|
136.77
|
|
174.35
(-21.55%)
|
Pre-Bonus/ Split |
Results Update
|
|
|
|
|
13 Nov 2023
|
Ashok Leyland
|
Axis Direct
|
136.77
|
205.00
|
175.90
(-22.25%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating on the stock.
|
|
11 Nov 2023
|
Ashok Leyland
|
Prabhudas Lilladhar
|
136.77
|
210.00
|
173.80
(-21.31%)
|
Target met |
Buy
|
|
|
|
|
11 Nov 2023
|
Ashok Leyland
|
BOB Capital Markets Ltd.
|
136.77
|
210.00
|
173.80
(-21.31%)
|
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
|
136.77
|
210.00
|
183.00
(-25.26%)
|
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
|
136.77
|
205.00
|
186.40
(-26.63%)
|
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.
|
136.77
|
210.00
|
179.30
(-23.72%)
|
Target met |
Buy
|
|
|
Q1 revenue up 13% YoY despite weak seasonality, led by a mix of volume growth (+5%) and realisation gains (+8%)
|