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    3. Ashokley Share Price

    Ashok Leyland Share PriceAshok Leyland

    Large Cap 9k Result
    ₹147.15
    0.85 (0.58%)
    As on 02 June, 2023 | 07:40 BSE: 500477 NSE: ASHOKLEY
    Announcements

    Ashok Leyland Performance

    Day Range

    • Low
    • High
    147.15

    52 Week Range

    • Low
    • High
    147.15
    • Open Price
    • Previous Close
    • Volume

    Start SIP in Ashok Leyland

    Start SIP

    Ashok Leyland Share Price

    • Over 1 Month 0.82%
    • Over 3 Month 2.22%
    • Over 6 Month -1.04%
    • Over 1 Year 5.18%

    Ashok Leyland Key Statistics

    P/E Ratio 33.1
    PEG Ratio 0.1
    Market Cap Cr 43,205
    Price to Book Ratio 4
    EPS 4.5
    Dividend 0.7
    Relative Strength Index 50.57
    Money Flow Index 44.93
    MACD Signal 1.75
    Average True Range 2.85

    Ashok Leyland F&O

    Ashok Leyland Futures
    Ashok Leyland Options

    Ashok Leyland Investment Rating

    • Master Rating:

    • Ashok Leyland has an operating revenue of Rs. 40,425.22 Cr. on a trailing 12-month basis. An annual revenue growth of 59% is outstanding, Pre-tax margin of 5% is okay, ROE of 14% is good. The company has a high debt to equity of 230%, which can be a reason to worry. The stock from a technical standpoint is trading close to its key moving averages, around 2% and -0% 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 13% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 80 which is a GOOD score indicating consistency in earnings, a RS Rating of 40 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C which is evident from recent supply seen, Group Rank of 45 indicates it belongs to a fair industry group of Auto Manufacturers and a Master Score of B is close to being the best. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

    EPS Strength

    Price Strength

    Buyer Demand

    Group Rank

    Ashok Leyland Financials
    IndicatorMar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 11,6269,0308,2668,4358,703
    Operating Expenses Qtr Cr 10,3508,2327,7297,7007,968
    Operating Profit Qtr Cr 1,276797537770776
    Depreciation Qtr Cr 184189177212195
    Interest Qtr Cr 63807746776
    Tax Qtr Cr 3732051126897
    Net Profit Qtr Cr 75136119928901

    Ashok Leyland Technicals

    EMA & SMA

    Current Price
    ₹147.15
    0.85 (0.58%)
    • Bullish Moving Average
    • ___
    • 10
    • Bearish Moving Average
    • ___
    • 6
    • 20 Day
    • ₹147.57
    • 50 Day
    • ₹145.56
    • 100 Day
    • ₹145.02
    • 200 Day
    • ₹143.94
    • 20 Day
    • ₹149.2
    • 50 Day
    • ₹142.92
    • 100 Day
    • ₹144.81
    • 200 Day
    • ₹147.47

    Ashok Leyland Resistance and Support

    PIVOT
    ₹145.94
    Resistance
    First Resistance ₹147.12
    Second Resistance ₹147.94
    Third Resistance ₹149.12
    RSI 50.57
    MFI 44.93
    MACD Single Line 1.75
    MACD 0.82
    Support
    First Resistance ₹145.12
    Second Resistance ₹143.94
    Third Resistance ₹143.12

    Ashok Leyland Delivery and Volume

    Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
    Day 6,272,969 296,523,245 47.27
    Week 7,958,491 406,440,125 51.07
    1 Month 8,525,600 412,298,016 48.36
    6 Month 9,419,890 449,046,138 47.67

    Ashok Leyland Result Highlights

    Ashok Leyland Synopsis

    NSE-Auto Manufacturers

    Ashok Leyland is involved in the business activities of Manufacture of motor vehicles. 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 43,205
    Sales 37,392
    Shares in Float 143.87
    No of funds 410
    Yield 1.77
    Book Value 5.13
    U/D Vol ratio 1.1
    LTDebt / Equity 21
    Alpha
    Beta 1.04

    Ashok Leyland

    Owner NameMar-23Dec-22Sep-22Jun-22
    Promoters 51.53%51.53%51.54%51.54%
    Mutual Funds 14.52%13.56%12.78%14.93%
    Insurance Companies 5.81%6.03%5.76%5.34%
    Foreign Portfolio Investors 14.85%15.29%17.59%15.03%
    Financial Institutions/ Banks 0.09%0.07%0.68%
    Individual Investors 9.98%10.32%9.77%10.34%
    Others 3.22%3.2%2.56%2.14%

    Ashok Leyland Management

    Name Designation
    Mr. Dheeraj G Hinduja 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
    Dr. Andrew C Palmer Director
    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
    2023-05-23 Audited Results & Final Dividend
    2023-02-01 Quarterly Results
    2022-11-10 Quarterly Results
    2022-07-29 Quarterly Results
    2022-05-19 Audited Results & Dividend

    Ashok Leyland MF Shareholding

    Name Amount(cr)
    HDFC Balanced Advantage Fund Growth 54413
    ICICI Prudential Balanced Advantage Fund Growth 45584
    Mirae Asset Large Cap Fund Regular Growth 33926
    Parag Parikh Flexi Cap Regular Growth 33616
    Mirae Asset Emerging Bluechip Fund Growth 24541

    About Company

    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
     

    History of Ashok Leyland

    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.

    As of January 2021, the gross sales (Revenue) of Ashok Leyland stood at Rs. 15,301, with a profit of 412 crores. The automotive manufacturer has over 10,000+ employees, and the following are key parameters of Ashok Leyland for the financial year 2020-21:
        
    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
    15. Market Cap - INR 36,445 Crore (As of 18th May 2022)
    16. Sales - INR 19,454 Crore  (FY21)
    17. Book Value - 25.4  (As of 18th May 2022)
    18. Debt/Equity - 3.06 (As of 18th May 2022)

    Ashok Leyland FAQs

    What is Share Price of Ashok Leyland ?

    Ashok Leyland share price is ₹147 As on 02 June, 2023 | 07:26

    What is the Market Cap of Ashok Leyland ?

    The Market Cap of Ashok Leyland is ₹43205.1 Cr As on 02 June, 2023 | 07:26

    What is the P/E ratio of Ashok Leyland ?

    The P/E ratio of Ashok Leyland is 33.1 As on 02 June, 2023 | 07:26

    What is the PB ratio of Ashok Leyland ?

    The PB ratio of Ashok Leyland is 4 As on 02 June, 2023 | 07:26

    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.

    Does Ashok Leyland stock give dividends?

    For the year ending March 2021, Ashok Leyland declared an equity dividend of 60.00%, amounting to Rs.0.6 per share. The current share price of Rs.123.10 results in a dividend yield of 0.49%.

    Q2FY23

    More Information

    CIN: L67190MH2007PLC289249 | Stock Broker SEBI Regn.: INZ000010231 | SEBI RA Regn.: INH000004680 | SEBI Depository Regn.: IN DP CDSL: IN-DP-192-2016 | AMFI REGN No.: ARN-104096 | NSE Member id: 14300 | BSE Member id: 6363 | MCX Member ID: 55945 | Investment Adviser Regn No: INA000014252 | Registered Address - IIFL House, Sun Infotech Park, Road no. 16V, Plot no. B-23, MIDC, Thane Industrial Area, Waghle Estate, Thane, Maharashtra - 400604

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