NSE: ASHOKLEY | BSE: 500477

Turnaround Potential

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131.01 -2.09 (-1.57%)

High vol. this week

NSE 21 Aug, 2025 3:31 PM (IST)

76,942.9

Market Cap

Market Leader

1.3

Beta 1Year

Very High Volatility

Analyst Buy

Deven Choksey retains 'Buy' call on Ashok Leyland, expects a revenue CAGR of 8.3% over FY26-27 See details

Ashok Leyland Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for ASHOKLEY, BSE:500477 Ashok Leyland Ltd.

Ashok Leyland Ltd.

26 Jul 2024

131.01

-1.57%

Weak profitability as per seasonality; maintain SELL with limited volume growth outlook

Sell: Ashok Leyland Ltd.

Target

ICICI Securities Limited

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.

Ashok Leyland Ltd. has an average target of 143.67 from 10 brokers.

Ashok Leyland Ltd.

25 Jul 2024

131.01

-1.57%

Margins miss estimates; demand drivers remain intact

Buy: Ashok Leyland Ltd.

Target

Motilal Oswal

Ashok Leyland’s (AL) 1QFY25 result was a miss as EBITDA margin at 10.6% (up 60bp YoY) came in lower than our est. of 12.4% largely due to onetime expenses for the battery pack software.

Number of FII/FPI investors increased from 747 to 786 in Jun 2025 qtr.

Ashok Leyland Ltd.

27 May 2024

131.01

-1.57%

Result Update:Ashok Leyland

Hold: Ashok Leyland Ltd.

Target

Axis Direct

The CV industry has grown at a CAGR of ~19% over FY21-24. After a strong upcycle we factor stability in tonnage capacity within the industry over the next few quarters because of a high base. Thus, we maintain our HOLD rating on the stock with a limited upside potential.

Number of FII/FPI investors increased from 747 to 786 in Jun 2025 qtr.

Ashok Leyland Ltd.

26 May 2024

131.01

-1.57%

Upgrade to BUY; potential upcycle from FY26E, attractive valuations

Buy: Ashok Leyland Ltd.

Recommendation Target

Emkay

We upgrade AL to BUY from Sell with new TP of Rs250/share at 12.5x FY26E
EV/EBITDA + 2x P/B for Hinduja Leyland Finance, on upcycle potential from
FY26.

Ashok Leyland Ltd. average weekly volume is high.

Ashok Leyland Ltd.

25 May 2024

131.01

-1.57%

Ashok Leyland (BUY): Healthy show, all set to continue momentum; retain BUY

Buy: Ashok Leyland Ltd.

Target

BOB Capital Markets Ltd.

Healthy base keeps revenue growth listless in Q4, strong growth of 22% QoQ; volume grew a sturdy ~20% YoY/QoQ

Ashok Leyland Ltd. has an average target of 143.67 from 10 brokers.

Ashok Leyland Ltd.

24 May 2024

131.01

-1.57%

Q4 beats hopes, focus stays on margins

Buy: Ashok Leyland Ltd.

Target

Sharekhan

We retain a Buy with revised PT of Rs.244 in expectation of sustainable double-digit EBITDA margin and its profit focused volume growth strategy

Number of FII/FPI investors increased from 747 to 786 in Jun 2025 qtr.

Ashok Leyland Ltd.

17 Apr 2024

131.01

-1.57%

Ashok Leyland

Sell: Ashok Leyland Ltd.

Recommendation Target

ICICI Securities Limited

Ashok Leyland Ltd. is trading above all available SMAs

Ashok Leyland Ltd.

07 Feb 2024

131.01

-1.57%

Result Update:Ashok Leyland

Hold: Ashok Leyland Ltd.

Recommendation Target

Axis Direct

Further optimizing operational efficiencies, material cost reduction efforts and pricing discipline are expected to expand the company's EBITDA margins gradually and generate strong positive cash flows.

Number of FII/FPI investors increased from 747 to 786 in Jun 2025 qtr.

Ashok Leyland Ltd.

07 Feb 2024

131.01

-1.57%

First Light | Ashok Leyland, Greenlam Industries, Orient Cement, Prince Pipes & Fittings

Buy: Ashok Leyland Ltd.

Target

BOB Capital Markets Ltd.

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