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ASHOKLEY Share Price Discussion

Ashok Leyland Ltd.
Sector: Auto
... Read more
ASHOKLEY Long Term Analysts Rating
4.4/5 (33 Ratings)
ASHOKLEY Share Price *
85.15 -1.35 (-1.56%)
* (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?


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ASHOKLEY Discussion Forum

@ansarshaikh • Reputation: 48

Target achieved of 87
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Ashok Leyland sees pick up in demand for tippers and ICVs
Truck and bus maker Ashok Leyland has said it expects pick up in demand for tippers and ICVs (intermediate commercial vehicles) due to the Centre’s infrastructure push and growth in e-commerce, respectively, while outlinin...
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@ansarshaikh • Reputation: 48

Book profit and exit
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@Zerodhapartner • Reputation: 96

A must buy
FII have increased stake by 2%
Target 90 in one month
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@asbwealth • Reputation: 7,221
ASHOKLEY JAN20 85 CE

Type
Buy
Instrument
ASHOKLEY JAN20 85 CE
Entry Price
₹2.15
Price@Trade
₹2.15
Target Price
₹3.65
Stop Price
₹1.15
Valid Till
Jan 24, 2020 3:20 PM
Margin
₹17,200 approx for 8000 Qty
Status
Exited
Exit Price
₹2.65
Net P&L
23.26% Profit
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Latest replies
AsbWealth @asbwealth
Jan 21 6:43 PM

Update
Exited
Exit Price
₹2.65
Net P&L
23.26% Profit
@ansarshaikh • Reputation: 48

Positional buy call tgt 87
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@jjtechnicals • Reputation: 1,642

ASHOKLEY - chart - 536051
Ashok Leyland chart shared during September 1... As exactly told, breached 75 and hit 85₹ from 60₹(almost 40% done🚀🚀 ).... Now moving towards 100₹-110₹+... If holds 75₹🙏🙏🚀🚀😎😎
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💠💠
YOUR FREE EQUITY CASH CALL FOR THIS FORUM TODAY:
BUY ASHOK LEYLAND AT THE VERY BEGINING
STRICT STOP LOSS - 80.10
1ST TARGET - 83.20
2ND TARGET - 84.10
3RD TARGET - 85
## GO WITH SAFER QUANTITY ##
Disclaimer: All my Views/Suggestions/Calls are for Education Purpose Only. Plea...
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@crudebaba • Reputation: 515
ASHOKLEY JAN20 75 PE

Type
Buy
Instrument
ASHOKLEY JAN20 75 PE
Entry Price
₹1
Price@Trade
₹1
Target Price
₹2
Stop Price
₹0
Valid Till
Jan 30, 2020 3:20 PM
Margin
₹8,000 approx for 8000 Qty
Status
Active
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@databot • Reputation: 1,410

Geojit Financial Services target on ASHOKLEY
Date: 02-Jan-20 Broker: Geojit Financial Services Price @ Call: 83.21 Target: 90 Recommendation: ACCUMULATE
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Short Term Stock Option Buy ASHOKLEY JAN CE 87.50 @2.35-2.45 SL 0.80 TGT 5.2
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@invictotrader • Reputation: 2,101

Ashok Leyland December sales down 28% at 11,168 units Total sales in the domestic market were down 29 percent at 10,378 units as compared to 14,718 units in December 2018, the company said.
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@invictotrader • Reputation: 2,101

Ashok Leyland share price jump 4% as December sales rise 10% MoM The company sold 11,168 vehicles in domestic and overseas markets in December 2019.
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Ashok Leyland's Volumes Drop 28% In December 2019 - CarandBike
Home-grown commercial vehicle manufacturer, Ashok Leyland, has officially come out with the monthly sales numbers for December 2019. Last month the company sold a total of 11,168 units (domestic + export), a decline of 28 per cent, as against the 15,490 commercial vehicles sold during the same month of 2018.
CarandBike
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CAPITAL DOUBLE in ASHOKLEY
ASHOKLEY (our entry triggered at 80.60) Sl 79.7...

TGT come soon
Keep patience
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DEC AUTO SALES ESTIMATES: Ashok Leyland sales Expected at 10750 units, down 30.6%
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ASHOKLEY (our entry triggered at 80.60)
Sl 79.7
TGT 1, 85
TGT 2, 90
Positional
Short term view
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ASHOKLEY
TGT 85,90
Sl - contact personally
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@databot • Reputation: 1,410

Motilal Oswal target on ASHOKLEY
Date: 11-Nov-19 Broker: Motilal Oswal Price @ Call: 76.6 Target: 95 Recommendation: BUY
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@databot • Reputation: 1,410

Motilal Oswal target on ASHOKLEY
Date: 11-Nov-19 Broker: Motilal Oswal Price @ Call: 76.6 Target: 95 Recommendation: BUY
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@databot • Reputation: 1,410

Motilal Oswal target on ASHOKLEY
Date: 14-Nov-19 Broker: Motilal Oswal Price @ Call: 79 Target: 95 Recommendation: BUY
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@stocktrendr • Reputation: 191

Ashok Leyland has signed a memorandum of understanding with Citicorp Finance India for vehicle financing for two years
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#Ashokleyland good to sell at current level 79.45 keep holding if closes below 79.45. #ashokley
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Open Interest Trend
Same day trend: The price decreased 0.7% from Rs81.0 to Rs80.40; Open interest has dropped 2.9% from 100,188,000 to 97,316,000. A fall in price combined with a decline in open interest suggests long position holders are being compelled to liquidate their posit...
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Ashok Leyland Ltd. (NSE:ASHOKLEY), India's 2nd largest Commercial vehicles company by market cap, has decreased Rs0.60 (0.7%) from its previous trading session to close at Rs80.40. Compared with the BSE SENSEX Index which rose 7.6 points (0.02%) in the day, the relative price cha...
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@ENRITCHansraj • Reputation: -74,727

Ashok Leland 80.75 once Sustain above 81.20 then blast :+1:
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@georgey • Reputation: 16

Buy AshokLey cmp target 84.
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Buy ashokley @81 sl 78.50 tgt 83.50-87+++ intraday+btst
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ASHOKLEY - chart - 482377
#ashokleyland #nifty looking strong. decisive break of trendline and then pullback and good buying with volume.
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@invictotrader • Reputation: 2,101

Vipin Sondhi appointed as CEO & MD of Ashok Leyland for 5 years
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Avrege at 78 80 shares sell or hold
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ASHOKLEY - chart - 471074
View - Ashok Leyland LTP 76.50Rs
# Short Ashok Leyland
#Regression Channel Break Down at 78Rs
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@sydfoxxy • Reputation: 626

ASHOKLEY - chart - 470481
ASHOKLEY : (SHORT) Selling pressure on Ashok Leyland. Short for target of 71.50
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@jg-BJJId6D6V • Reputation: 16

I have sold Dec futures at 77.80....Please Suggest
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Latest replies
TTA @TTA
Dec 3 4:10 PM

KEEP SL OF 80.20 AND HOLD DON'T HOLD ABOVE 80.20
J G @jg-BJJId6D6V
Dec 3 4:12 PM

Please suggest the Target Price also
@invictotrader • Reputation: 2,101

Ashok Leyland sales down 22% in November but beat estimates The company sold 4,209 light commercial vehicles in November, down 4 percent compared to the same month last year.
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@100billionclub • Reputation: 3,984

BREAKOUT: BUY ASHOKLEY DEC ABV 81
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@100billionclub • Reputation: 3,984

BREAKOUT: ONCE BOOK AND EXIT LONG IN ASHOKLEY NOV @ 81.20.
(BREAKOUT: BUY ASHOKLEY ABV 81 SL BELOW 75 TGT 87.50-94. GIVEN ON 13.11.2019)
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Short Term Stock Option Buy ASHOKLEY NOV CE 85.00 @2.15-2.25 SL 0.05 TGT 6
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@invictotrader • Reputation: 2,101

Ashok Leyland bags order from Tamil Nadu for 1,750 buses
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Ashok Leyland bags order from Tamil Nadu State Transport Undertakings for 1,750 buses
This order comes closely on the back of orders received from various state transport undertakings recently, the company said in a regulatory filing. Ashok Leyland's order book for state transport undertakings has enhanced significantly.
The Economic Times
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Ashok Leyland Gets Order Tamil Nadu State Transport
BAGGING OF AN ORDER BY COMPANY FOR 1750 BUSES FROM TAMIL NADU STATE TRANSPORT UNDERTAKINGS
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Buy in cash /future at cmp 83 for target of 97 to 99 in Dec. Also call 90 Dec contract at 3 target 6to8. Maintain a in cash at 78 on day closing basis. Today important decision about scrap to be decided by central govt today. Which directly benefits companies like Ashokan ley, ta...
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@balaji3516 • Reputation: 4,529

Buy 83.5
T 85.3/86
Sl 82.3
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Latest replies
Amit Options @amitoptions
Nov 22 5:43 PM

ASHOKLEY IS FALLING.....
Balaji  @balaji3516
Nov 22 6:14 PM

This is not for tday..check the date☺️

Buy ASHOKLEY NOV CE 85.00 @2.15-2.25 STOP LOSS 0.05 TARGET 6 #ashokley
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Amit Options @amitoptions
Nov 22 6:19 PM

Stop-loss hitting....

Buy ASHOKLEY NOV CE 85.00 @2.15-2.25 STOP LOSS 0.05 TARGET 6 #ashokley
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Latest replies

For today.. Or hav to wait for target

JUST WAIT WATCH
Amit Options @amitoptions
Nov 21 3:42 AM

2 to 6 will it go?
Lot size is 6000

I hope tomorrow tgt done
@ENRITCHansraj • Reputation: -74,727

Buy ASHOKLEY NOV CE 85.00 @2.15-2.25 STOP LOSS 0.05 TARGET 6
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Short Term Stock Option Buy ASHOKLEY NOV CE 85.00 @2.15-2.25 SL 0.05 TGT 6 #ASHOKLEY
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@TTA • Reputation: 9,034

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
Nov 20 4:02 AM

Uptrend or downtrend
@hidden • Reputation: 4,230

ASHOK LAYLAND NOW STRONG UPMOVE IF HOLD 76 LEVELS IN FUTURE TGTS 84 THEN 89-94
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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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Latest replies

I m waiting vehicle scrap policy

S but not relies

K thank u boss
  • 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₹97.75
    ASHOKLEY - 52 Week Low₹56.95
  • ASHOKLEY - Brokerage Reports

    keyboard_arrow_down
    DateBrokerageCallTarget
    2-Jan-20Geojit Financial ServicesAccumulate90
    14-Nov-19Motilal OswalBuy95
    13-Nov-19Nirmal BangBuy92
    11-Nov-19Motilal OswalBuy95
    14-Oct-19Axis DirectBuy79
    ASHOKLEY Brokerage Price Target
  • ASHOKLEY Share Price - Historical (₹)

    keyboard_arrow_down
    DateOpenHighLowClose
    Jan 2785.8878585.4
    Jan 2486.887.586.186.5
    Jan 2385.68785.686.6
    Jan 2286.7587.258585.9
    Jan 2184.286.6583.686.3
  • ASHOKLEY Share Price - Daily Moving Averages (DMA)

    keyboard_arrow_down
    20 Day Moving Average₹83.28
    30 Day Moving Average₹82.27
    50 Day Moving Average₹81.27
    100 Day Moving Average₹75.98
    200 Day Moving Average₹79.1
  • 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

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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 - 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

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    Tata Motors Ltd. Sector: Auto
    Maruti Suzuki India Ltd. Sector: Auto
    Ashok Leyland Ltd. Sector: Auto
    Mahindra & Mahindra Ltd. Sector: Auto
    Escorts Ltd. Sector: Auto
    Hero MotoCorp Ltd. Sector: Auto
    TVS Motor Company Ltd. Sector: Auto
    Eicher Motors Ltd. Sector: Auto
    Bajaj Auto Ltd. Sector: Auto
    Sector: Auto
  • 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.
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