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Net Sales are expected to decrease by 0.9 percent Y-o-Y (up 4.8 percent Q-o-Q) to Rs. 9,187.3 crore, according to PL Capital.
Sustained demand growth makes the vehicle maker optimistic about long-term prospects
Strong product lineup and an expanding market share will drive growth
The company’s solid product line-up and expanding market share position it favourably in the market
The medium- to long-term outlook looks promising, with a pick-up in economic activities. According to the management, the M&HCV segment is expected to lead growth in the coming years.
Net Sales are expected to increase by 36 percent Y-o-Y (up 31.7 percent Q-o-Q) to Rs. 11,893.3 crore, according to Nirmal Bang.
A strong product portfolio and an increase in market share augur well for the company
Net Sales are expected to increase by 35.7 percent Y-o-Y (up 31.4 percent Q-o-Q) to Rs. 11,863.8 crore, according to Motilal Oswal.
The outlook appears promising as the company has a strong product portfolio and is focusing on increasing market share
The medium- to long-term outlook is promising, with a pick-up in economic activities.
Net Sales are expected to increase by 86.9 percent Y-o-Y (up 15.4 percent Q-o-Q) to Rs. 8,333.5 crore, according to Prabhudas Lilladher.
The prospects look promising as demand has started picking up, post the opening up of the broader economy. The valuation also gives us the desired comfort
The outlook for Ashok Leyland, going forward, looks promising as demand has picked up and is better than the pre-COVID levels. Moreover, its strong product portfolio and an increase in market share augur well for the company. The valuation also gives us desired comfort
Sequentially, a strong volume growth helped Ashok Leyland post strong revenues. But commodity-linked cost inflation continues to put pressure on operating profitability
A strong volume growth, coupled with higher realization, helped Ashok Leyland post strong revenues. However, commodity-linked cost inflation continues to put pressure on operating profitability
Though demand hit a speed breaker due to the second Covid wave, the outlook for the medium to long term looks promising for Ashok Leyland
Though demand hit a speed breaker for Ashok Leyland due to the second wave of COVID, the outlook for the medium to long term looks promising
The outlook for Ashok Leyland is promising as demand has picked up pace and is registering growth compared with pre-Covid levels. Further, its strong product portfolio and an increase in market share augur well
Ashok Leyland expects EVs to form a large part of the business in coming years
Ashok Leyland expects electric vehicles to form a large part of the business in coming years
Ashok Leyland should be able to outperform its peers on the back of its strong product portfolio
Despite market volatility, AL runs a fundamentally strong business, with significant potential to grow in India.