ASHOKLEY

Ashok Leyland Share Price

₹234.91 +10.95 (4.89%)

25 Nov, 2024 19:54

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Performance

  • Low
  • ₹226
  • High
  • ₹236
  • 52 Week Low
  • ₹158
  • 52 Week High
  • ₹265
  • Open Price₹226
  • Previous Close₹224
  • Volume18,430,774

Investment Returns

  • Over 1 Month + 8.12%
  • Over 3 Month -9.79%
  • Over 6 Month + 11.49%
  • Over 1 Year + 31.86%
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Ashok Leyland Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 26.2
  • PEG Ratio
  • 1.2
  • Market Cap Cr
  • 68,980
  • P/B Ratio
  • 5.8
  • Average True Range
  • 6.81
  • EPS
  • 8.78
  • Dividend Yield
  • 3
  • MACD Signal
  • -1.64
  • RSI
  • 66.21
  • MFI
  • 72.74

Ashok Leyland Financials

Ashok Leyland Technicals

EMA & SMA

Current Price
₹234.91
+ 10.95 (4.89%)
pointer
  • stock-down_img
  • Bullish Moving Average 16
  • stock-up_img
  • Bearish Moving Average 0
  • 20 Day
  • ₹220.56
  • 50 Day
  • ₹224.57
  • 100 Day
  • ₹225.73
  • 200 Day
  • ₹216.18

Resistance and Support

232.24 Pivot Speed
  • R3 248.31
  • R2 242.06
  • R1 238.49
  • S1 228.67
  • S2 222.42
  • S3 218.85

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Ashok Leyland Ltd., is a leading manufacturer of commercial and defense vehicles, known for their reliability and ruggedness. the company also provides power solutions and has achieved numerous global quality certifications.

Ashok Leyland has an operating revenue of Rs. 46,542.35 Cr. on a trailing 12-month basis. An annual revenue growth of 10% is good, Pre-tax margin of 9% is okay, ROE of 27% is exceptional. The company has a high debt to equity of 296%, which can be a reason to worry. The stock from a technical standpoint is trading close to its key moving averages, around -0% and 4% from 50DMA and 200DMA. It needs to stay above these levels to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 15% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 35 which is a POOR score indicating inconsistency in earnings, a RS Rating of 54 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 142 indicates it belongs to a poor industry group of Auto Manufacturers and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

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Ashok Leyland Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-11-08 Quarterly Results & Interim Dividend
2024-07-25 Quarterly Results
2024-05-24 Audited Results
2024-03-25 Interim Dividend
2024-02-05 Quarterly Results
Date Purpose Remarks
2024-11-19 INTERIM Rs.2.00 per share(200%)Interim Dividend
2024-04-03 INTERIM Rs.4.95 per share(495%)Interim Dividend

Ashok Leyland F&O

Ashok Leyland Shareholding Pattern

51.52%
5.38%
6.37%
24.39%
0.09%
10.26%
1.99%

About Ashok Leyland

Ashok Leyland Limited is an Indian multinational automotive manufacturer headquartered in Chennai, Tamil Nadu, India. It is the second-largest manufacturer of commercial vehicles in India, the third-largest manufacturer of buses, and the tenth-largest manufacturer of trucks globally. The company is managed by the Hinduja group, with the current chairman of the company being Mr Dheeraj Hinduja. 

Since its inception, it has played a significant role in India’s commercial vehicle industry. It has formed tie-ups with technological leaders globally, achieving in-house R&D and knowledge sharing. From air brakes to power steering or rear-engine buses, Ashok Leyland has pioneered these concepts. They have the philosophy of 'Designing durable products that make economic sense to the consumer, using appropriate technology. 

In populous metro cities in India, four out of five State Transport Undertaking (STU) buses are from Ashok Leyland. Its products include double-decker, vestibule buses and other transport vehicles.

The product range of the company includes:
    
1. Buses
2. Trucks
3. Engines
4. Defence & Special Vehicles     


Associates Companies:

1. Automotive Coaches & Components Ltd  (ACCL)     
2. Lanka Ashok Leyland
3. Hinduja Foundries
4. IRIZAR–TVS    
5. Ashok Leyland Project Services Limited

Ashok Leyland was founded as Ashok Motors by Mr. Raghunandan Saran on 7 September 1948. The company is named after the founder’s son and was set up in collaboration with Austin Motor company. With Austin Motors, the company was the distributor of vehicles in India. It had its headquarters and manufacturing plant in Chennai. But after 1950, Ashok Motors collaborated with Leyland Motors to import, assemble and manufacture trucks in India. In 1954, it got government approval for manufacturing commercial vehicles, and in 1955, Ashok Motors merged to form ‘Ashok Leyland Motors’. 

In 1987, the company entered into a joint venture with Hinduja Group and Iveco, part of the Fiat Group. In 2007, the Hinduja Group bought out Iveco’s stake to get a 51% stake in the company. Today, the company has grown to become the 3rd largest manufacturer of buses in India and the 10th largest truck manufacturer globally.
    
1. Incorporation Date - 1948
2. Included in BSE 100 - Yes
3. Included in BSE 200 - Yes
4. SENSEX - Yes
5. NIFTY 200 - Yes
6. BSE 100 - Yes
7. Nifty Auto - Yes
8. S&P BSE Auto - Yes
9. BSE - 500477
10. NSE - ASHOKLEYEQ
11. Series - EQ
12. ISIN - INE208A01029
13. IND - Auto - Cars / UV/ CV
14. Sector - Automobiles
 

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  • NSE Symbol
  • ASHOKLEY
  • BSE Symbol
  • 500477
  • Managing Director & CEO
  • Mr. Shenu Agarwal
  • ISIN
  • INE208A01029

Similar Stocks to Ashok Leyland

Ashok Leyland FAQs

Ashok Leyland share price is ₹234 As on 25 November, 2024 | 19:40

The Market Cap of Ashok Leyland is ₹68979.6 Cr As on 25 November, 2024 | 19:40

The P/E ratio of Ashok Leyland is 26.2 As on 25 November, 2024 | 19:40

The PB ratio of Ashok Leyland is 5.8 As on 25 November, 2024 | 19:40

Ashok Leyland is an Indian automobile manufacturer that focuses on commercial vehicles, trucks, and buses and manufactures spare parts and engines for marine and other industries. 

The product range of the company includes:

1. Buses
2. Trucks
3. Engines
4. Defence & Special Vehicles

The current chairman of the company is Mr. Dheeraj Hinduja.

You can buy shares of Ashok Leyland Ltd by opening a DEMAT account through 5 paisa and getting the KYC documents verified.

Although it is hard to estimate if Ashok Leyland is a good share to invest in, it has shown a good track record and is recommended for long-term holding. The company has high debt and is currently volatile due to the uncertainty and large-scale issues in the automotive sector. However, with high demand for transport and essential services, this sector may see high growth, benefiting Ashok Leyland.

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Q2FY23