|
18 Sep 2025 |
Ashok Leyland
|
Consensus Share Price Target
|
138.76 |
141.79 |
- |
2.18 |
buy
|
|
|
|
|
30 May 2023
|
Ashok Leyland
|
Geojit BNP Paribas
|
138.76
|
168.00
|
145.85
(-4.86%)
|
Target met |
Buy
|
|
|
|
|
27 May 2023
|
Ashok Leyland
|
BOB Capital Markets Ltd.
|
138.76
|
184.00
|
145.50
(-4.63%)
|
Target met |
Buy
|
|
|
Q4 volumes grew 23% YoY with realisations up 9%, aiding 33% topline growth to Rs 116bn
|
|
25 May 2023
|
Ashok Leyland
|
ICICI Direct
|
138.76
|
200.00
|
145.50
(-4.63%)
|
Target met |
Buy
|
|
|
|
|
25 May 2023
|
Ashok Leyland
|
Axis Direct
|
138.76
|
175.00
|
145.50
(-4.63%)
|
Target met |
Buy
|
|
|
Recommendation: AL remains well-positioned to benefit from a cyclical recovery in CVs (specifically in higher tonnage commercial MHCV and Passenger MHCV segment), we maintain our BUY rating on the stock.
|
|
25 May 2023
|
Ashok Leyland
|
Prabhudas Lilladhar
|
138.76
|
215.00
|
145.50
(-4.63%)
|
Target met |
Buy
|
|
|
|
|
25 May 2023
|
Ashok Leyland
|
ICICI Securities Limited
|
138.76
|
165.00
|
150.40
(-7.74%)
|
Target met |
Accumulate
|
|
|
Ashok Leyland’s (AL) Q4FY23 EBITDA margin at 11% (up 214bps QoQ) was 70bps ahead of consensus estimate on strong benefit of operating leverage along with 70bps improvement in gross margin QoQ.
|
|
24 May 2023
|
Ashok Leyland
|
Sharekhan
|
138.76
|
181.00
|
145.50
(-4.63%)
|
Target met |
Buy
|
|
|
|
|
06 Feb 2023
|
Ashok Leyland
|
ICICI Securities Limited
|
138.76
|
183.00
|
153.90
(-9.84%)
|
Target met |
Buy
|
|
|
Ashok Leyland’s (AL) Q3FY23 EBITDA margin at 8.8% (up 230bps QoQ) was 100bps ahead of our estimate with margin expansion being primarily led by 170bps QoQ gross margin (GM) improvement.
|
|
03 Feb 2023
|
Ashok Leyland
|
Axis Direct
|
138.76
|
175.00
|
153.90
(-9.84%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating on the stock, keeping the TP unchanged at Rs 175/share, valuing the stock at 19x its FY25 EPS (roll forward from Dec'24E), implying an upside of 15% from the CMP.
|
|
03 Feb 2023
|
Ashok Leyland
|
ICICI Direct
|
138.76
|
185.00
|
153.90
(-9.84%)
|
Target met |
Buy
|
|
|
|