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ASHOKLEY Share Price Discussion

Ashok Leyland Ltd.
Sector: Auto
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ASHOKLEY Share Price *
58.35 -1.3 (-2.18%)
* (quote may be delayed)

ASHOKLEY Discussion Forum

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
For more updates join us
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CAPITAL DOUBLE in ASHOKLEY
ASHOKLEY 70 CE -1.1 SL-0 TGT-1,2,3,4

1.3🍻🍻🤑🤑🤑
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ASHOKLEY 70 CE -1.1
SL-0
TGT-1,2,3,4
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Stocks in the news: Bajaj Finance, Tech Mahindra, TCS, Ashok Leyland, Datamatics Global
Orient Green Power Company | Bajaj Finance | Prabhat Dairy | Sundram Fasteners | TCS and Datamatics Global are stocks, which are in news today.
Moneycontrol
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Now ashok leyland announces temporary closure of ennore plant for 5 days due to demand slump
Five day closure at Ennore plant starts today i.e Sep 6th​
Ennore plant already seen 10 days of no production during August
remember MHCV sales in august down 70% to 3336 units
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An evening walk down D-St: Bank, financials help Sensex, Nifty end higher
Moneycontrol
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Intraday Cash Trades in ASHOKLEY

Today's low 61.30 after recommendation
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Ashok Leyland tanks 6% as truck sales fall 70% in August
Sales of M&HCV, including buses, fell by 63 percent in August, whereas total vehicle sales dropped by 50 percent.
Moneycontrol
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ASHOKLEY - 341179

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Ashok Leyland sales dip 47% in August
The company had posted sales of 17,386 units in the year-ago month, Ashok Leyland said in a statement.
Moneycontrol
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Buy Ashok Leyland 62.5 PE at 2.6
Target 5-7+
Sl below 2.2
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ASHOKLEY - chart - 338546
ASHOKLEY now CMP 63.10
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Auto ka time aayega? Experts positive about auto stocks despite alarming August sales numbers
The sales numbers are alarming and the challenges of the auto sector are mounting. At first glance, it looks logical to stay away from auto stocks.
Moneycontrol
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Q. Sir I m holding at 1520qty 101.76 rs now my loss 53000 when recovered 101rs pls view update sir
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Latest replies
Kunal Sharma @kunalsharma
Sep 2 9:42 PM

Sir hold Ashok for long term if you are investor. No point booking loss here. It might come down some more, but should be alright in 2-3 years time.
Tipu Pahan @tipupahan
Sep 2 10:56 PM

Entirely auto industry is in selling pressure due to poor sakes quarter by quarter. You can hold this script only for long term investment..
Shardia @shardia
Sep 3 10:00 PM

if you are holding for long term without interest money can hold for 3 to 5 year for good earning.
HBR @hbr
Sep 4 2:54 AM

Do analyses your self
Tips available in hotel

ASHOKLEY - chart - 337582
ASHOK LEYLAND Fibonacci levels.. Check multiple resistance at 100-106 (23.6%)…. At the same time, check the low made exactly around 55 levels(-23.6%) if breach 55-53, can come down till 46.. Upside possible only if breach 75. Then target can be 100. Once breach 100, will move up...
Read more...
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Sharp slowdown likely across auto segments in August; Maruti, Tata Motors, Eicher sales may fall over 30%
In case of Eicher Motors, Nomura expects overall commercial vehicle volumes to decline 33 percent YoY
Moneycontrol
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Sell ASHOKLEYLAND CASH AT 64.5
TAR 63.9 63.20 62.50
SL 65.2
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Latest replies
Priya @priyanka4321
Aug 30 4:53 PM

ASHOK Leyland 63.90🏄🏼‍♀🏄🏼‍♀
TAR 1 done. 📱
Priya @priyanka4321
Aug 30 5:23 PM

ASHOK Leyland 63.40🏄🏼‍♀🏄🏼‍♀🏄🏼‍♀
Pura Jackpot Enjoy Weekend
Priya @priyanka4321
Aug 30 5:36 PM

Ashok 63.05🏄🏼‍♀✅
2nd Target done... Now book complete.

FUTURE LOVER
#ASHOKLEY FUT SELL BELOW 65 TGT OPEN
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**CASH CALL**
**********************
**SHORT:** ASHOKLEY 66.50
**STOP LOSS:** YOURS
**TARGET:** 65.60
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Latest replies
INTRADAY Options @teamIOFno
Aug 28 6:36 PM

till now made low 66.10
INTRADAY Options @teamIOFno
Aug 28 7:02 PM

66.00
INTRADAY Options @teamIOFno
Aug 28 7:50 PM

low made 65.70
Chart Check: A potential bear trap seen in NBCC; false breakout in Tata Motors
We have collated a list of stocks which remained in focus on Tuesday because of their price action. The technical outlook is for the medium term.
Moneycontrol
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Short ashokley below 66 sl 67
Target 66.30/65/62
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Buy BF Utilities, Rashtriya Chemicals and Fertilisers; sell Ashok Leyland: Ashwani Gujral
Ashwani Gujral of ashwanigujral.com is of the view that one can buy BF Utilities and Rashtriya Chemicals and Fertilisers and sell Ashok Leyland.
Moneycontrol
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Ashok Leyland Valuation: What the Truck
Ashok Leyland is one of the top firms in the Commercial Vehicle segment in India. Near-term deterrents like new axle norms, implementation of the BS-VI standards and a very likely hike in vehicle registration charges may very well play the spoilsport. But if history is any indication, regulations do not have long-lasting impact. If the company can indeed cross these barriers, what will it be worth today?
valuationinmotion blogspot
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buy ashokley 67.8 positional next month future
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D-Street Buzz: Auto stocks in top gear; BSE Auto index climbs 1.6%
Auto stocks have been witnessing traction after the Finance Minister Nirmala Sitharaman announced measures to boost the sector
Moneycontrol
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Hyundai may look at entering trucks biz if India focuses on hydrogen fuel
Internationally, fuel-cell technology is hailed for its extended driving range which has attracted many commercial vehicle projects
Moneycontrol
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Stimulus package: PSU banks, auto to hog limelight; about 30 stocks to benefit
Measures such as removal of surcharge on foreign portfolio investors (FPI) and removal of CSR violation as the criminal offence will cheer market participants
Moneycontrol
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ASHOKLEY - chart - 325620
#AshokLey Daily Chart
Last close 60.25
Some divergence can be seen between #Price & #RSI
Close above 65 #Bulls may target for 70
#Learning
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Market Headstart: Nifty likely to open flat; Ashok Leyland, Bank of India top sell ideas
Trends on SGX Nifty indicate a negative opening for the broader index in India, with 0.08 percent loss or 9 points. Nifty futures were trading around 10,716-level on the Singaporean Exchange.
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₹128.8
    ASHOKLEY - 52 Week Low₹56.95
  • ASHOKLEY - Brokerage Reports

    keyboard_arrow_down
    DateBrokerageCallTarget
    7-Aug-19Axis DirectHold72
    3-Aug-19Angel BrokingBuy93
    3-Aug-19Karvy Stock BrokingBuy84
    2-Aug-19LKP Securities LimitedBuy80
    2-Aug-19Nirmal BangBuy80
    View all ASHOKLEY - Share Targets - Broker Reports
  • ASHOKLEY Share Price - Historical (₹)

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    DateOpenHighLowClose
    Sep 1860.3560.857.4559.65
    Sep 1763.0563.1559.759.95
    Sep 1662.7563.4562.2562.45
    Sep 1362.564.262.3563.45
    Sep 1263.5564.762.162.5
  • ASHOKLEY Share Price - Daily Moving Averages (DMA)

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    20 Day Moving Average₹63.01
    30 Day Moving Average₹63.11
    50 Day Moving Average₹69.48
    100 Day Moving Average₹78.72
    200 Day Moving Average₹85.77
  • 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

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    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 7:28 PM
    CLSA has negative stock ratings on 70% of its Indian auto coverage
    Moneycontrol
    NewsBot
    Sep 16 8:13 PM
    Ashok Leyland eyes e-Mobility JV with Michelin, Marubeni
    Moneycontrol
    NewsBot
    Sep 14 3:13 PM
    Ashok Leyland, YES Bank, PNB Housing among 30 stocks AMCs bought, sold in August; do you own any?
    Moneycontrol
    NewsBot
    Sep 9 7:18 PM
    Ashok Leyland announces non-working days at manufacturing facilities in September
    Moneycontrol
    NewsBot
    Sep 9 5:03 PM
    Ashok Leyland slips after it declares non-working days in five plants
    Moneycontrol
    NewsBot
    Sep 6 2:03 PM
    Stocks in the news: Bajaj Finance, Tech Mahindra, TCS, Ashok Leyland, Datamatics Global
    Moneycontrol
    NewsBot
    Sep 4 11:08 PM
    An evening walk down D-St: Bank, financials help Sensex, Nifty end higher
    Moneycontrol
    NewsBot
    Sep 4 5:53 PM
    Ashok Leyland tanks 6% as truck sales fall 70% in August
    Moneycontrol
    NewsBot
    Sep 3 9:48 PM
    Ashok Leyland sales dip 47% in August
    Moneycontrol
    NewsBot
    Sep 3 2:48 PM
    Auto ka time aayega? Experts positive about auto stocks despite alarming August sales numbers
    Moneycontrol
  • ASHOKLEY - Related Communities

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  • 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.