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ASHOKLEY Share Price Discussion

Ashok Leyland Ltd.
Sector: Auto
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ASHOKLEY Share Price *
69.15 +1.55 (2.29%)
* (quote may be delayed)

ASHOKLEY Discussion Forum


Axis Direct Recommendation on ASHOKLEY
Date: 14-Oct-19 Broker: Axis Direct Price @ Call: 67.89 Target: 79 Recommendation: BUY
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Sell ASHOKLAY FUT @ 68 SL 70 TRG OPEN........
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Buy 2000 worth of stock on every month till next 5 yrs.
Big deal happened.
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Retail inflation rises to 3.99% in September on costlier food items
Vegetables inflation stood at 15.4 percent in September against 6.90 percent in August.
Moneycontrol
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Ashok Leyland Q2 PAT may dip 81% YoY to Rs. 87.5 cr: ICICI Direct
Net Sales are expected to decrease by 54.1 percent Y-o-Y (down 38.5 percent Q-o-Q) to Rs. 3,493.6 crore, according to ICICI Direct.
Moneycontrol
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Reliance Securities Recommendation on ASHOKLEY
Date: 07-Oct-19 Broker: Reliance Securities Price @ Call: 64.71 Target: 111 Recommendation: BUY
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In September quarter earnings season, brokerages bet on these 15 midcap stocks
Banking (ICICI Bank, Axis Bank and SBI) , building materials, pharmaceuticals and consumer companies are likely to deliver decent results in the September quarter, say experts.
Moneycontrol
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Long term investment call :
Invest 2000 pm and try to buy 2000 worth of share
Every month.
Next 5 year.
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Market off to a weak start in October, 'bet on these top 11 picks for 10-57% return'
The equity market may trade with a negative bias in the short-term, but the broader market will maintain its positive bias in the long-term, Vinod Nair of Geojit Financial Services says.
Moneycontrol
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For positional traders
Patience lovers
Buy ashok Leyland 57.5 pe
Cmp 1.3
Sl 0
Target 2.9-3.9
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Ashok Leyland slips 4% as co to observe non-working day's in October
The share touched its 52-week high Rs 123.00 and 52-week low Rs 56.95 on 17 October, 2018 and 23 August, 2019, respectively.
Moneycontrol
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💠💠
YOUR FREE EQUITY CASH CALL FOR THIS FORUM TODAY:
SELL ASHOK LEYLAND AT THE VERY BEGINING
STRICT STOP LOSS - 69.40
TARGET - 67.20/66.85
Disclaimer: All my Views/Suggestions/Calls are for Education Purpose Only. Please consult with your financial adviser before any Trade. All ...
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Stocks in the news: Glenmark Pharma, Ashok Leyland, Lupin, VST Tillers, BEML, SPARC
Apar Industries | Ashok Leyland | Prakash Industries | Eveready Industries and JSW Steel are stocks, which are in news today.
Moneycontrol
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Ashok Leyland to shut production for 2-15 days in October
According to a release filed with the exchanges, the move was undertaken to align their production in line with the company's sales.
Moneycontrol
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Festive season may boost auto sales in 2HFY20; analyst bet on these auto stocks
Maruti Suzuki India, the country's largest car maker, sold 1.22 lakh units in September 2019, falling 24.4 percent compared to 1.62 lakh units sold in same month last year.
Moneycontrol
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RBI slashes repo rate by 25 bps: Top 17 stocks likely to benefit from the cut
A rate cut generally augers well for the companies that are debt-laden, auto sector, banks and NBFCs.
Moneycontrol
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Ashok Leyland September sales fall by 55% to 8,780 units
Total domestic sales were down by 57 percent YoY to 7,851 units in September 2019.
Moneycontrol
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*Ashok Leyland Sept'19 Sales below expectations*
Total Sales came at 8780 units vs expectation of 10608 units, YoY 19373 units (-54.7%) and MoM 9231 units (-4.9%)
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September auto sales: Brokerages don't see revival in fortunes of companies
Market leader Maruti Suzuki's volumes are likely to slide by 30 percent YoY, Sharekhan said.
Moneycontrol
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EQUITY POSITIONAL CALL: BUY ASHOK LEY ABV 73.20
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Rs 1.45 lakh crore to have trigonometric multiplier impact on economy; bet on these 20 stocks
The brokerage upgraded its Nifty and Sensex EPS growth for FY20 to 22-25 percent against current estimates of 8-11 percent.
Moneycontrol
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Market registers yet another thumping close; 42 stocks in BSE500 gain 10-19% in 2 days
On the sectoral front, except IT and pharma, all other indices are ended higher led by the FMCG, bank, infra, auto, metal and energy.
Moneycontrol
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'Tata Motors above Double Bottom Neckline; may break out with a 21% upside'
Bollinger band volatility breakout can come above 11,300 marks which can add further strength to the current up move.
Moneycontrol
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CAPITAL DOUBLE in ASHOKLEY
Reaffer this chart for ASHOKLEY

Ashok ley suggested buy lvl mention in chart
Today high is 83 🤑🤑🍻🍻
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Technical Classroom: Breakout after double bottom pattern in Ashok Leyland suggest buying opportunity
The double bottom pattern always follows a major or minor downtrend in a particular security, and signals the reversal and the beginning of a potential uptrend.
Moneycontrol
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ASHOKLEY - chart - 369955
Ashokley
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Intraday Cash Trades in ASHOKLEY

Target hit
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ASHOKLEY - 369083

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CLSA has negative stock ratings on 70% of its Indian auto coverage
A dealer survey by CLSA shows that demand continues to be weak and inventories high.
Moneycontrol
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SELL ASHOKLEY AT 58 WITH SL 59.50
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CAPITAL DOUBLE in ASHOKLEY
ASHOKLEY now CMP 63.10

Reaffer this chart for ASHOKLEY
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Ashok Leyland.
Still my view negative.
Short on every bounce level @ 64-67
Will see panic move till 59-57 & even 55 mark in days to come
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santosh gupta in ASHOKLEY
Santosh Gupta: FNO: BUY ASHOKLEY ABV 62.80

Sl hit
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Santosh Gupta:
FNO: BUY ASHOKLEY ABV 62.80
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Ashok Leyland eyes e-Mobility JV with Michelin, Marubeni
The JV will provide electric buses, battery and power management and other services
Moneycontrol
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Ashok Leyland eyes e-Mobility JV with Michelin, Marubeni
The JV will provide electric buses, battery and power management and other services
Moneycontrol
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Buy ashokley above 63.30
Stop loss - 62
Target - 65++
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Ashok Leyland
Till not able to sustain above 73-76. Avoid positional buying. And short on every bounce. Will see downside panic move
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Ashok Leyland
Till not able to sustain above 73-76. Avoid positional buying. And short on every bounce. Will see downside panic move
For more ping me
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Ashok Leyland, YES Bank, PNB Housing among 30 stocks AMCs bought, sold in August; do you own any?
Inflows into equity funds improved during August to Rs 9,152 crore from Rs 8,113 crore in July 2019.
Moneycontrol
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*SELL JINDALSTEEL @ 106-106.25 -- SLxxc- Target 105.5 - 104*
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ASHOKLEY - chart - 353393
ASHOK LAYLAND READY FOR CHANNAL BREAKOUT IF TRADING 64-65 ABOVE THEN NON STOP 69-72-76
CONNECTED WITH HIDDEN_GEM 💎♟
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CAPITAL DOUBLE in ASHOKLEY
ASHOKLEY For more updates join us

Ready to blast
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Buy ashokley around 63.25 - 63.50
Stop loss - 62
Target - 66++
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ASHOKLEY - 351372

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Ashok Leyland announces non-working days at manufacturing facilities in September
Accordingly, Chennai-based heavy commercial vehicle major has announced 16 days non-working days for its facility in Ennore, five days at Hosur (Tamil Nadu) unit, 10 days each in Alwar (Rajasthan) and Bhandara (Maharashtra) unit and 18 days in Pantnagar (Uttarakhand) facilities.
Moneycontrol
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Ashok Leyland slips after it declares non-working days in five plants
According to the filing, Ennore plant will have 16 non-working days, Hosur 1, 2 and CPPS five days, Alwar and Bhandara 10 days and Pantnagar will have 18 non-working days.
Moneycontrol
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ASHOKLEY - 348670
#Ashokleyland announces a slew of non working days across their plants
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Best Short@66-73 Tg@61.50-59-56 Closing SL@73.20
Reminder@ If level@55 down sustance/must close then Slide@53-50
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ASHOKLEY - chart - 347610
ASHOKLEY
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  • ASHOKLEY - Share Price - Fundamentals

    keyboard_arrow_down
    Market Capitalization26,801.12
    Enterprise Value25,825.53
    Price to Earnings27.23
    Price to Book Value3.22
    Return on Capital Employed0.29
    Return on Equity0.22
    Face Value1
    Dividend Yield0.02
  • ASHOKLEY Share Price - Technicals

    keyboard_arrow_down
    ASHOKLEY - 52 Week High₹123.1
    ASHOKLEY - 52 Week Low₹56.95
  • ASHOKLEY - Brokerage Reports

    keyboard_arrow_down
    DateBrokerageCallTarget
    14-Oct-19Axis DirectBuy79
    7-Oct-19Reliance SecuritiesBuy111
    7-Aug-19Axis DirectHold72
    3-Aug-19Angel BrokingBuy93
    3-Aug-19Karvy Stock BrokingBuy84
    View all ASHOKLEY - Share Targets - Broker Reports
  • ASHOKLEY Share Price - Historical (₹)

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    DateOpenHighLowClose
    Oct 1468.8569.766.767.6
    Oct 1168.969.566.868.65
    Oct 1068.570.7567.5568.85
    Oct 964.669.7564.4569.05
    Oct 76666.6563.564.4
  • ASHOKLEY Share Price - Daily Moving Averages (DMA)

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    20 Day Moving Average₹67.4
    30 Day Moving Average₹66.3
    50 Day Moving Average₹65.49
    100 Day Moving Average₹75.84
    200 Day Moving Average₹82.82
  • ASHOKLEY - Profit And Loss

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    CONSOLIDATEDMar-18Mar-17 % Change
    Revenue26,52420,018.660.32
    Operating Profit2,3491,682.490.4
    Profit Before Tax2,2301,330.090.68
    Net Income1,5621,223.080.28
  • ASHOKLEY - Balance Sheet

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    CONSOLIDATEDMar-19Mar-18 % Change
    Shareholder's Funds8,3337,1640.16
    Total Liabilities9,8929,8480
    Total Assets18,22417,0130.07
  • ASHOKLEY - Cash Flow

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    CONSOLIDATEDMar-18Mar-17 % Change
    Cash from Operating Activity5,418.352,154.771.51
    Cash from Investing Activity-3,331.9-1,477.041.26
    Cash from Financing Activity-1,961.34-1,371.850.43
    Net Cash Flow125.11-694.12-1.18
  • ASHOKLEY - Ratios

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    CONSOLIDATEDMar-18Mar-17
    Return on Assets0.090.08
    Return on Equity0.220.2
    Return on Capital Employed0.290.18
  • ASHOKLEY - 3 year Growth

    keyboard_arrow_down
    3 Year CAGR Growth in Revenue0.91
    3 Year CAGR Growth in Operating Profit2.11
    3 Year CAGR Growth in EBIDTA1.33
    3 Year CAGR Growth in Net Income3.67
    3 Yr CAGR Growth - Diluted EPS3.53
  • ASHOKLEY - 5 year Growth

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    5 Year CAGR Growth in Revenue1.13
    5 Year CAGR Growth in Operating Profit13.51
    5 Year CAGR Growth in EBIDTA1.37
    5 Year CAGR Growth in Net Income2.6
    3 Yr CAGR Growth - Diluted EPS2.28
  • ASHOKLEY Share Price - Recent News

    keyboard_arrow_down
    NewsBot
    Yesterday 12:18 AM
    Retail inflation rises to 3.99% in September on costlier food items
    Moneycontrol
    NewsBot
    Oct 10 7:03 PM
    link
    Ashok Leyland Q2 PAT may dip 81% YoY to Rs. 87.5 cr: ICICI Direct
    Moneycontrol
    NewsBot
    Oct 10 6:48 PM
    In September quarter earnings season, brokerages bet on these 15 midcap stocks
    Moneycontrol
    NewsBot
    Oct 8 3:43 PM
    Market off to a weak start in October, 'bet on these top 11 picks for 10-57% return'
    Moneycontrol
    NewsBot
    Oct 7 3:18 PM
    Ashok Leyland slips 4% as co to observe non-working day's in October
    Moneycontrol
    NewsBot
    Oct 7 1:13 PM
    Stocks in the news: Glenmark Pharma, Ashok Leyland, Lupin, VST Tillers, BEML, SPARC
    Moneycontrol
    NewsBot
    Oct 4 11:43 PM
    Ashok Leyland to shut production for 2-15 days in October
    Moneycontrol
    NewsBot
    Oct 4 9:18 PM
    Festive season may boost auto sales in 2HFY20; analyst bet on these auto stocks
    Moneycontrol
    NewsBot
    Oct 4 7:18 PM
    RBI slashes repo rate by 25 bps: Top 17 stocks likely to benefit from the cut
    Moneycontrol
    NewsBot
    Oct 1 6:03 PM
    Ashok Leyland September sales fall by 55% to 8,780 units
    Moneycontrol
  • ASHOKLEY - Related Communities

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  • ASHOKLEY - More Information

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    Ashok Leyland Ltd:
    Ashok Leyland Limited, along with its subsidiaries, produces and sells commercial vehicles in India with international recognition. The company offers multiple sorts of buses; trucks for mining and construction, as well as tractors; light vehicles; and defence vehicles comprising water bowsers, snow clearing vehicles, refrigerated trucks, ambulances etc.
    Ashok Leyland Limited is offering power solutions, among which diesel generator sets, engines for earthmoving equipment, compressors, cranes, road sweepers etc. are significant. It is also manufacturing agriculture engines for pump set, harvester combine applications, etc. Besides that, the company is providing spare parts and forgings and castings. Several services, such as driver training services and vehicle and housing financing services, are provided by the company. The company was established in 1948, and its headquarter is at Chennai, India. It is a subsidiary of Hinduja Automotive Limited.
    Company Information:
    Being Nation's 2nd largest manufacturer of commercial vehicles, Ashok Leyland Ltd is the 4th largest producer of buses in the whole world and possessing 12th position among truck producers globally. The company was incepted in 1948 as Ashok Motors. It was set up while a collaboration took place with Austin Motor Company, England for the assembly of Austin cars. In the next year 1949, the company opened a factory at Ennore, Madras.
    In 1950, signing an agreement with Leyland (UK), Ashok Motors achieved rights up to seven years to import, assemble and manufacture Leyland trucks. In 1954, after getting the Government approval to manufacture the Leyland commercial vehicles, Ashok Motors was granted a license to produce 1,000 Comets a year. Following equity participation from Leyland Motors Ltd., the company's name got changed to Ashok Leyland Ltd. in 1955. In 1967, first Indian-made double-decker having 50% indigenous components, namely 'Titan' was introduced by the company.
    In 1970, the company started to intervene in the defence requirement by manufacturing 1,000 numbers of the 6x4 Hippo Tipper. The license was given to manufacturing 10,000 vehicles a year to the company in 1972. Four years later in 1976, the company launched a bus, namely Viking, which is facilitated with front entry along with an alternator and a unique overhang. The company launched Cheetah, the Nation's first rear-engine bus in 1978. In 1980, the company established its second plant in Hosur. The company introduced the country's first vestibule or the articulated bus in 1982. The company received ISO 9001 Certification in 1995. An all-terrain logistic vehicle, namely Stallion, was launched in 1997.
    The company launched Nation's first Hybrid Electric Vehicle in 2002. The company launched the truck business of Czech Republic-based AVIA in 2006. In 2007, a joint venture took place between Ashok Leyland Ltd and Nissan Motor Company, Japan for production and marketing of Light Commercial Vehicles. In 2008, another joint venture took place between the company and USA's John Deere, for the manufacturing the equipment for construction. A plant at Pantnagar in Uttarakhand was opened in March 2010. The company intervened the Tanzanian market acquiring an order for 723 trucks, buses and select application vehicles in September 2011.
    The stake in Optare plc was increased to 75.1%, in January 2012. In September 2016, the amalgamation of Hinduja Foundries Limited (HFL) with the Company was approved by the Board of Directors of the company. As in March 2017, 24 Subsidiaries, 7 Associate Companies and 2 Joint venture companies are possessed by the company. The company declared its great achievement of being chosen by the Ministry of Defence (MOD) top fulfil a critical order. The defence ministry was asked to supply Ashok Leylands High Mobility 10x10 vehicles (HMV 10x10) which are capable of carrying Smerch Rockets. The company is at a target to achieve this prestigious target of Rs.100 crore. With revenue of Rs.29, 620 the company is enjoying an Operating Profit of Rs.4248 crore in 2018.
    How Ashok Leyland Ltd is categorised as Auto Sector, and Auto - HCVs & LCVs Industry:
    The commercial vehicle industry is one of the segments in Auto sectors. It's broadly categorized as Medium & Heavy Commercial vehicles (M&HCV) and Light Commercial Vehicles (LCV). The classification is based on the Gross Vehicle Weight (GVW) of the vehicle. The liberalization of government policy about technical, foreign and financial collaboration head to a sudden spurt in industrial collaboration in the LCV segment. The liberal international technology policy leads to abundant improvement in commercial vehicles technology. But at the same time, the import bill plummeted at an accelerated pace as these vehicles had high import content.
    Ashok Leyland Ltd is categorised as Auto Sector, and Auto - HCVs & LCVs Industry. The Auto sector includes several types of companies that deals with the automobile industry. Besides auto manufacturers, it consists of a broad range of companies which focuses on manufacturing parts that go into cars, two-wheelers and trucks. It also includes few other companies that are responsible for vehicle sales, rentals or repairs.
    Ashok Leyland Ltd, Competitors and Sector Peers:
    Eicher Motors Ltd. EICMOT
    Force Motors Ltd. FORMOT
    SML Isuzu Ltd. SWAMAZ
    Tata Motors Ltd. TATMOL
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
DISCLAIMER: Information is provided "as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.