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ASHOKLEY Share Price Discussion

Ashok Leyland Ltd.
Sector: Auto
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ASHOKLEY Share Price *
82.15 +0 (0%)
* (quote may be delayed)

Find answers to all your questions on live ASHOKLEY message board: Is ASHOKLEY buy or sell? Should I buy ASHOKLEY shares? Why are ASHOKLEY shares falling? Should I invest in ASHOKLEY stock?


You can also check ASHOKLEY share price target recommended by brokerages.

ASHOKLEY Discussion Forum

TTA @TTA
 in 
ASHOKLEY
•
Yesterday 1:57 AM
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Ashok Leyland-2QFY20 Result Update-13 November 2019.pdf
634 KB
Ashok Leyland
Ticking the right boxes to tackle slowdown
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Rohan @rohan-B1AOGpK2E
•
Yesterday 4:02 AM
Uptrend or downtrend
HIDDEN GEM @hidden
 in 
ASHOKLEY
•
Nov 19 1:48 AM
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ASHOK LAYLAND NOW STRONG UPMOVE IF HOLD 76 LEVELS IN FUTURE TGTS 84 THEN 89-94
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Balasubramaniam @balasubrama...
 in 
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•
Nov 19 1:39 AM
After Nealy few weeks of consolidation in the range of 65 to 80 the stock has given a price beakout with good volumes today on closing basis. Expecting move towards 91 in 2 weeks to 1 month with sl of 79.5
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Thirunavukarasu S @thirunavukarasu
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Nov 19 1:42 AM
I m waiting vehicle scrap policy
Balasubramaniam @balasubramaniam
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Nov 19 1:45 AM
Thirunavukarasu S @thirunavukarasu
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Nov 19 1:47 AM
S but not relies
Balasubramaniam @balasubramaniam
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Nov 19 1:55 AM
Thirunavukarasu S @thirunavukarasu
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Nov 19 1:58 AM
K thank u boss
Vsu Panchal @panchalraj
 in 
ASHOKLEY
•
Nov 18 1:49 PM
Ashok Leyland is a good choice
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Piyush Prakash @piyushprakash
 in 
ASHOKLEY
•
Nov 17 6:50 PM
Plz give suggestions for coming week..
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KONAR TRADE TALK ™ @konartradetalk
 in 
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•
Nov 15 2:19 PM
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💠💠
YOUR FREE EQUITY CASH CALL FOR THIS FORUM TODAY:
RESULT AND NEWS BASED
BUY ASHOK LEYLAND AT THE VERY BEGINING
STRICT STOP LOSS - 77.15
TARGET - 81/82
Disclaimer: All my Views/Suggestions/Calls are for Education Purpose Only. Please consult with your financial adviser before ...
Read more...
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DataBot @databot
 in 
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•
Nov 13 10:00 PM
Nirmal Bang target on ASHOKLEY
Date: 13-Nov-19 Broker: Nirmal Bang Price @ Call: 79.25 Target: 92 Recommendation: BUY
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Intraday Cash T... @IntradayCas...
 in 
ASHOKLEY
•
Nov 13 5:05 PM
Intraday Cash Trades in ASHOKLEY
Buy-80.80 T-82.30 Sl-80
ASHOKLEY - 436142

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Santosh Gupta @santoshgupt...
 in 
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Nov 13 5:04 PM
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BREAKOUT: BUY ASHOKLEY ABV 81
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Intraday Cash T... @IntradayCas...
 in 
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•
Nov 13 4:54 PM
Buy-80.80
T-82.30
Sl-80
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Sridhar Balakri... @sridharbala...
 in 
ASHOKLEY
•
Nov 13 2:20 AM
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*Ashok Leyland Q2FY20 Concall Update*
(Nirmal Bang Retail Research)
*Demand decline has bottomed out, but recovery to take time*
*Outlook: Neutral*
• Volumes for the MHCV Industry in Q2FY20 declined by 53% vs a decline of 17% in Q1FY20.
• Co MHCV Volumes declined by 56% in Q2FY2...
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Rohan @rohan-B1AOGpK2E
•
Nov 13 3:16 AM
Sir. So what is the trend now ? Any range?
Alpha Signals @ravikanthch...
 in 
ASHOKLEY
•
Nov 12 1:24 PM
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Auto sales for October were announced by the Society of Indian Automobile Manufacturers (SIAM). Domestic passenger vehicle saw a marginal increase of 0.28% y/y. Domestic car sales were down 6.3%, total two-wheeler sales were down 14.4%, motorcycle sales were down 15.9%, Sales of ...
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Thirunavukarasu S @thirunavuka...
 in 
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•
Nov 12 12:18 AM
Rs 70-75 per stock levels for the target of Rs 95-100." However, Bagadia said that Ashok Leyland shares have strong resistance at Rs 80 levels and hence one should maintain the stop loss at Rs 65 while taking a buy position in th
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Rohan @rohan-B1AOG...
 in 
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•
Nov 11 9:18 PM
Any view on AL. After bad results it is running up . Any view for upcoming sessions ?
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Umanath @umanath
 in 
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•
Nov 11 12:55 PM
ASHOKLEY - 432842

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Piyush Prakash @piyushprakash
 in 
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•
Nov 8 10:10 PM
Plz give ur views for coming week...
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Alpha Signals @ravikanthchopperla
•
Nov 11 2:21 PM
Overall results was down and below estimates.
Alpha Signals @ravikanthch...
 in 
ASHOKLEY
•
Nov 8 9:32 PM
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BRIEF-India's Ashok Leyland Sept Quarter Profit Slumps
SEPT QUARTER PROFIT 388.7 MILLION RUPEES VERSUS 5.28 BILLION RUPEES LAST YEAR
CONSENSUS FORECAST FOR SEPT QUARTER PROFIT WAS 1.32 BILLION RUPEES
ASHOK LEYLAND LTD - SEPT QUARTER REVENUE FROM OPERATIONS 39.3 BILLION RUPEES VER...
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Piyush Prakash @piyushprakash
•
Nov 8 9:40 PM
Soo... Wat to do on monday..
Sam @samsir
•
Nov 9 2:15 AM
Hey
I have take ashokleyland@78. What should I do on Monday ?
ElliottWave Master @ygtrader
•
Nov 9 2:53 AM
Balasubramaniam @balasubramaniam
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Nov 9 4:33 AM
Monday if it retests 79 to 80 early in trade then maintain 77 as sl and continue. If opens slightly lower wait for 73 to 74 levels as sl for safe traders. For risk traders wait for 69 levels if you see a bounce hold if 69 is broken then you can see selling towards 60. This is my ...
Alpha Signals @ravikanthchopperla
•
Nov 11 2:20 PM
@piyushprakash Overall Ashok Leyland net profit declined 92.8% y/y to Rs 38.9 crore, below estimates. Revenue from operations was also down 48.4% y/y to Rs 3,929.5 crore.
Santosh Gupta @santoshgupt...
 in 
ASHOKLEY
•
Nov 8 5:59 PM
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Santosh Gupta in ASHOKLEY
HARMONIC: BUY ASHOKLEY ABV 75.80
HARMONIC: 1ST TGT ACHIEVED IN ASHOKLEY AT 78.80, PROFIT RS 18000
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Santosh Gupta @santoshgupt...
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Nov 7 4:08 PM
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HARMONIC: BUY ASHOKLEY ABV 75.80
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Santosh Gupta @santoshgupta548
•
Nov 7 4:09 PM
*Harmonic, Tech30, Breakout and Carried calls mean High Accuracy Short term calls. Requested to All Client, Traders Or investors U must enter in this types of calls and get Huge profit*
Balasubramaniam @balasubramaniam
•
Nov 8 12:39 AM
Ashok Leyland target for next week or 2, sl?
Santosh Gupta @santoshgupta548
•
Nov 8 1:22 AM
Santosh Gupta @santoshgupta548
•
Nov 8 5:58 PM
HARMONIC: 1ST TGT ACHIEVED IN ASHOKLEY AT 78.80, PROFIT RS 18000
Santosh Gupta @santoshgupta548
•
Nov 8 5:59 PM
*Harmonic, Tech30, Breakout and Carried calls mean High Accuracy Short term calls. Requested to All Client, Traders Or investors U must enter in this types of calls and get Huge profit*
INTRADAY TADKA @intradaytadka
 in 
ASHOKLEY
•
Nov 5 8:00 PM
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FUTURE LOVER
#ASHOKLEY FUT SELL CMP 75 TGT OPEN
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Thirunavukarasu S @thirunavuka...
 in 
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Nov 3 10:49 PM
ASHOKLEY - 422539

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Balasubramaniam @balasubrama...
 in 
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Nov 3 5:40 AM
Q. Ashok Leyland November view
I am holding nov series ashok leyland ce 85 bought 2 lots at 3.6 now it is 2. Can some one guide me with Ashok Leyland November month target and how to proceed with 85 ce?
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Thirunavukarasu S @thirunavukarasu
•
Nov 3 11:59 AM
Nov ser 70 to 80range
81 break and sustain go up to 84
84 break and sustain go up 88
Thirunavukarasu S @thirunavukarasu
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Nov 3 2:22 PM
Sir coming 15th vehicle scrap policy release.
So wait and watch
Balasubramaniam @balasubramaniam
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Nov 4 4:59 AM
@thirunavukarasu  very kind of you for having taken time to reply me thank you very much
Profitwaves @profitwaves
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Nov 4 12:52 PM
Ashok leyland now in bearish mode.....if it is not sustain until November 10 th will down until 60. if any chances to raise 85 it will only happen before November 10th.
Balasubramaniam @balasubramaniam
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Nov 4 2:51 PM
Alpha Signals @ravikanthch...
 in 
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Nov 2 12:00 AM
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Ashok Leyland: The company reported 37% y/y decline in its total sales for October to 9,074 units.
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Alpha Signals @ravikanthch...
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Nov 1 9:37 PM
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Ashok Leyland sold 9,857 units in October - Indo-Asian News Service
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TTA @TTA
 in 
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Nov 1 6:16 PM
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Ashok Leyland Oct'19 Sales marginally above expectations
(Nirmal Bang Retail Research)
Total Sales came at 9857 units vs expectation of 9263 units, YoY 15149 units (-34.9%) and MoM 8780 units (12.3%)
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The Inside Guy @Technicalca...
 in 
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Oct 29 4:15 PM
The Inside Guy in ASHOKLEY
*Buy Ashok Leyland* cmp 73.50 SL 68 (5.5) tgt 8...
80 (+7*) may book 1300 profit.
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The Inside Guy @Technicalca...
 in 
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Oct 28 12:12 AM
The Inside Guy in ASHOKLEY
*Buy Ashok Leyland* cmp 73.50 SL 68 (5.5) tgt 8...
76.50* book half keep half
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The Inside Guy @Technicalcasinoclub
•
Oct 29 3:17 PM
High 78* (+4.50) running. Partial booked. Trade running. @kishanb
A
Abdulla @abdulla
 in 
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•
Oct 27 10:39 PM
Today Ashokley TGT price. Today Ashokley TGT price
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The Inside Guy @Technicalca...
 in 
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Oct 25 4:04 PM
*Buy Ashok Leyland* cmp 73.50 SL 68 (5.5) tgt 85 *Margin call* 200 shares 🧨
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Ravi @Stockstudy8
 in 
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•
Oct 21 1:58 AM
link
https://twitter.com/Stockstudy8/status/1185932636503474176/photo/1
t
ASHOKLEY - chart - 406304
#AshokLeyLand
#shortermView #lawOfPolarity #RoleReversal
#BearishSetup #Contrabet
80/82 Resistance lvl To Initiate Short
Highest OI at 80CE
Expecting 72/70
Close abv 84 #ViewInvalid
#watchout https://t.co/izD0W89mAP
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Ravi @Stockstudy8
•
Oct 31 9:24 PM
High 80.85..today made low 76.35
TSL at 81 now #Ashokleyland
Scalping trade @scalpingtrade
 in 
ASHOKLEY
•
Oct 20 4:30 PM
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Scalping trade in ASHOKLEY
Buy 2000 worth of stock on every month till ne...
ASHOKLEY - chart - 406227
I have posted this 15 October. One of the trust followers buy big qty and hold 12 rs running.
Analysis based on RBR
CHECK OUR POST......
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Scalping trade @scalpingtrade
 in 
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Oct 20 4:30 PM
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Scalping trade in ASHOKLEY
Buy 2000 worth of stock on every month till ne...
ASHOKLEY - chart - 406226
I have posted this 15 October. One of the trust followers buy big qty and hold 12 rs running.
Analysis based on RBR
CHECK OUR POST......
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THE King of Equity @thekingofeq...
 in 
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•
Oct 20 2:03 AM
My view on Ashok Leyland
Every dip is an Opportunity to accumulate this stock for short term tgt 80-83++
With Closing sl @ at your own risk
For technical levels ping me
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Santosh Gupta @santoshgupt...
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Oct 18 7:45 PM
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EQUITY POSITIONAL CALL: ONCE BOOK AND EXIT LONG IN ASHOKLEY AT 77.00 (BUY AT 71.20 AVG RATE) ON 26.09.2019
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INTRADAY TADKA @intradaytadka
 in 
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Oct 17 8:56 PM
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INTRADAY TADKA
FUTURE LOVER #ASHOKLEY FUT BUY CMP 73 TGT OPEN
#ASHOKLEY FUT MADE HIGH 74.15
(6000 PROFIT)
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INTRADAY TADKA @intradaytadka
 in 
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Oct 17 8:11 PM
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FUTURE LOVER
#ASHOKLEY FUT BUY CMP 73 TGT OPEN
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DataBot @databot
 in 
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•
Oct 15 7:00 PM
Axis Direct Recommendation on ASHOKLEY
Date: 14-Oct-19 Broker: Axis Direct Price @ Call: 67.89 Target: 79 Recommendation: BUY
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TREAD WITH TREND @mayurpatel
 in 
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•
Oct 15 3:41 PM
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Sell ASHOKLAY FUT @ 68 SL 70 TRG OPEN........
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Scalping trade @scalpingtrade
 in 
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Oct 15 2:03 PM
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Buy 2000 worth of stock on every month till next 5 yrs.
Big deal happened.
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NewsBot @newsbot
 in 
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•
Oct 15 12:18 AM
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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NewsBot @newsbot
 in 
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Oct 10 7:03 PM
link
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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DataBot @databot
 in 
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Oct 10 7:00 PM
Reliance Securities Recommendation on ASHOKLEY
Date: 07-Oct-19 Broker: Reliance Securities Price @ Call: 64.71 Target: 111 Recommendation: BUY
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NewsBot @newsbot
 in 
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Oct 10 6:48 PM
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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Scalping trade @scalpingtrade
 in 
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Oct 8 10:01 PM
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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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NewsBot @newsbot
 in 
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Oct 8 3:43 PM
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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Big money  @Freetips
 in 
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•
Oct 7 4:38 PM
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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NewsBot @newsbot
 in 
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•
Oct 7 3:18 PM
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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KONAR TRADE TALK ™ @konartradetalk
 in 
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•
Oct 7 2:09 PM
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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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NewsBot @newsbot
 in 
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Oct 7 1:13 PM
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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NewsBot @newsbot
 in 
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Oct 4 11:43 PM
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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  • 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₹112.65
    ASHOKLEY - 52 Week Low₹56.95

  • ASHOKLEY - Brokerage Reports

    keyboard_arrow_down
    DateBrokerageCallTarget
    13-Nov-19Nirmal BangBuy92
    14-Oct-19Axis DirectBuy79
    7-Oct-19Reliance SecuritiesBuy111
    7-Aug-19Axis DirectHold72
    3-Aug-19Angel BrokingBuy93
    ASHOKLEY Brokerage Price Target

  • ASHOKLEY Share Price - Historical (₹)

    keyboard_arrow_down
    DateOpenHighLowClose
    Nov 1982.382.4580.282
    Nov 1880.282.678.882.15
    Nov 1582.983.478.979.5
    Nov 1480.280.477.479
    Nov 1378.582.6577.280.6

  • ASHOKLEY Share Price - Daily Moving Averages (DMA)

    keyboard_arrow_down
    20 Day Moving Average₹77.45
    30 Day Moving Average₹74.33
    50 Day Moving Average₹70.92
    100 Day Moving Average₹73.11
    200 Day Moving Average₹80.41

  • ASHOKLEY - Profit And Loss

    keyboard_arrow_down
    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

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

  • ASHOKLEY - Cash Flow

    keyboard_arrow_down
    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

    keyboard_arrow_down
    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

    keyboard_arrow_down
    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 - Recent News

    keyboard_arrow_down
    NewsBot
    Oct 15 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

    keyboard_arrow_down
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    Want to know more about an upcoming I...
    MCX:MENTHAOIL

  • ASHOKLEY - More Information

    keyboard_arrow_down
    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.
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