ASHOKLEY

Ashok Leyland Share Price Ashok Leyland

₹169.7
-6.5 (-3.69%)
  • Advice
  • Hold
19 April, 2024 07:52 BSE: 500477 NSE: ASHOKLEYISIN: INE208A01029

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Ashok Leyland Performance

Day Range

  • Low 169
  • High 177
₹ 169

52 Week Range

  • Low 136
  • High 192
₹ 169
  • Open Price177
  • Previous Close176
  • Volume20636185

Ashok Leyland Share Price

  • Over 1 Month +4.33%
  • Over 3 Month -2.22%
  • Over 6 Month -3.36%
  • Over 1 Year +21.56%

Ashok Leyland Key Statistics

P/E Ratio 20.9
PEG Ratio 0.1
Market Cap Cr 49,830
Price to Book Ratio 4.6
EPS 4.4
Dividend 4.4
Relative Strength Index 44.97
Money Flow Index 72.93
MACD Signal 1.37
Average True Range 4.32
Ashok Leyland Financials
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 9,2319,6388,18911,626
Operating Expenses Qtr Cr 8,1598,5587,36910,350
Operating Profit Qtr Cr 1,1141,0808211,276
Depreciation Qtr Cr 178180179184
Interest Qtr Cr 62597063
Tax Qtr Cr 32330446373
Net Profit Qtr Cr 580561576751
IndicatorMar 2023
Total Revenue Annual Cr 36,260
Operating Expenses Annual Cr 33,213
Operating Profit Annual in Cr 2,931
Depreciation Cr 732
Interest Annual Cr 289
Tax Annual Cr 730
Net Profit Annual Cr 1,380
IndicatorMar 2023
Cash from Operating Activity Annual Cr 2,136
Cash from Investing Activity Annual Cr -1,735
Cash from Financing Annual Activity Cr -940
Net Cash Flow Annual Cr -539
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 8,426
Fixed Assets Annual Cr 6,437
Total Non Current Assets Annual Cr 10,888
Total Current Assets Annual Cr 11,704
Total Assets Annual Cr 22,592
IndicatorMar 2023
Book Value Per Share Annual Rs 29
ROE Annual % 16
ROCE Annual % 20
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 8
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 11,04511,4299,69113,147
Operating Expenses Qtr Cr 9,1319,5598,18311,245
Operating Profit Qtr Cr 1,9611,8701,5091,958
Depreciation Qtr Cr 241227227259
Interest Qtr Cr 783715655582
Tax Qtr Cr 37535895411
Net Profit Qtr Cr 560526544753
IndicatorMar 2023
Total Revenue Annual Cr 41,783
Operating Expenses Annual Cr 36,580
Operating Profit Annual in Cr 5,093
Depreciation Cr 900
Interest Annual Cr 2,094
Tax Annual Cr 907
Net Profit Annual Cr 1,241
IndicatorMar 2023
Cash from Operating Activity Annual Cr -4,499
Cash from Investing Activity Annual Cr -2,935
Cash from Financing Annual Activity Cr 7,281
Net Cash Flow Annual Cr -154
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 8,554
Fixed Assets Annual Cr 7,222
Total Non Current Assets Annual Cr 30,485
Total Current Assets Annual Cr 24,243
Total Assets Annual Cr 54,729
IndicatorMar 2023
Book Value Per Share Annual Rs 37
ROE Annual % 15
ROCE Annual % 13
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 12

Ashok Leyland Technicals

EMA & SMA

Current Price
₹169.7
-6.5 (-3.69%)
pointer
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 16
  • 20 Day
  • ₹173.05
  • 50 Day
  • ₹172.31
  • 100 Day
  • ₹172.66
  • 200 Day
  • ₹170.35
  • 20 Day
  • ₹171.68
  • 50 Day
  • ₹171.80
  • 100 Day
  • ₹173.77
  • 200 Day
  • ₹175.45

Ashok Leyland Resistance and Support

PIVOT
₹171.75
Resistance
First Resistance 174.45
Second Resistance 179.20
Third Resistance 181.90
RSI 44.97
MFI 72.93
MACD Single Line 1.37
MACD 1.44
Support
First Resistance 167.00
Second Resistance 164.30
Third Resistance 159.55

Ashok Leyland Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 22,180,908 1,062,243,684 47.89
Week 16,626,279 818,179,190 49.21
1 Month 16,750,195 886,252,838 52.91
6 Month 15,252,349 780,615,213 51.18

Ashok Leyland Result Highlights

Ashok Leyland Synopsis

NSE-Auto Manufacturers

Ashok Leyland is involved in the business activities of Manufacture of commercial vehicles such as vans, lorries, over-the-road tractors for semi-trailers etc.. Company’s Total Operating Revenue is Rs. 36144.14 Cr. and Equity Capital is Rs. 293.61 Cr. for the Year ended 31/03/2023. Ashok Leyland Ltd. is a Public Limited Listed company incorporated on 07/09/1948 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L34101TN1948PLC000105 and registration number is 000105.
Market Cap 49,829
Sales 38,726
Shares in Float 143.88
No of funds 729
Yield 4.28
Book Value 5.92
U/D Vol ratio 1.1
LTDebt / Equity 21
Alpha -0.03
Beta 1.06

Ashok Leyland

Owner NameMar-24Dec-23Sep-23Jun-23
Promoters 51.52%51.53%51.53%51.53%
Mutual Funds 5.84%8.71%10.1%13.24%
Insurance Companies 4.62%4.03%4.73%5.64%
Foreign Portfolio Investors 21.45%20.48%20.21%16.59%
Financial Institutions/ Banks 0.24%0.12%0.01%
Individual Investors 13.1%11.65%10%9.65%
Others 3.23%3.48%3.42%3.35%

Ashok Leyland Management

Name Designation
Mr. Dheeraj G Hinduja Executive Chairman
Mr. Gopal Mahadevan WholeTime Director & CFO
Mr. Shom Ashok Hinduja Director
Dr. Andreas H Biagosch Director
Mr. Jean Brunol Director
Mr. Sanjay K Asher Director
Mr. Manisha Girotra Director
Mr. Shenu Agarwal Managing Director & CEO
Mr. Jose Maria Alapont Director
Mr. Saugata Gupta Director
Dr. C Bhaktavatsala Rao Director

Ashok Leyland Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Ashok Leyland Corporate Action

Date Purpose Remarks
2024-03-25 Interim Dividend
2024-02-05 Quarterly Results
2023-11-09 Quarterly Results
2023-07-21 Quarterly Results
2023-05-23 Audited Results & Final Dividend
Date Purpose Remarks
2024-04-03 INTERIM Rs.4.95 per share(495%)Interim Dividend

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
 

Ashok Leyland FAQs

What is Share Price of Ashok Leyland ?

Ashok Leyland share price is ₹169 As on 19 April, 2024 | 07:38

What is the Market Cap of Ashok Leyland ?

The Market Cap of Ashok Leyland is ₹49829.5 Cr As on 19 April, 2024 | 07:38

What is the P/E ratio of Ashok Leyland ?

The P/E ratio of Ashok Leyland is 20.9 As on 19 April, 2024 | 07:38

What is the PB ratio of Ashok Leyland ?

The PB ratio of Ashok Leyland is 4.6 As on 19 April, 2024 | 07:38

Which segments does Ashok Leyland work in?

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

Who is the CEO of Ashok Leyland?

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

How can you buy shares of Ashok Leyland?

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

Is Ashok Leyland overvalued?

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.

Q2FY23