Hinduja Group-backed Ashok Leyland is an Indian automobile company headquartered in Chennai. It is the second-largest commercial vehicle manufacturer in India, the fourth largest manufacturer of buses in the world and tenth largest manufacturer of trucks globally. More
Ashok Leyland has been in a structural uptrend. The stock has also given a breakout of the Rounding bottom pattern which is a strong bullish sign, says Ashish Kyal.
The market is expected to maintain bullish momentum after surpassing the August swing high. Below are some short-term trading ideas to consider.
The frontline indices are likely to rally if they start trading above all key moving averages. Below are some short-term trading ideas to consider.
The market is expected to see consolidation until it sees a breakout over the previous week's high. Below are some short-term trading ideas to consider.
Brokerages remain positive on Ashok Leyland after its Rs 5,000 crore investment plan in battery manufacturing, backed by an exclusive partnership with China’s CALB Group.
Ashok Leyland has tied up with China's CALB Group to set up a localised battery supply chain in India, with plans for a Global Centre of Excellence driving R&D.
LKP Research is bullish on Ashok Leyland has recommended buy rating on the stock with a target price of Rs 147 in its research report dated August 18, 2025.
Deven Choksey is bullish on Ashok Leyland has recommended buy rating on the stock with a target price of Rs 155 in its research report dated August 20, 2025.
Motilal Oswal is bullish on Ashok Leyland has recommended buy rating on the stock with a target price of Rs 141 in its research report dated August 15, 2025.
Ashok Leyland share price: These changes would not just lift sentiment but also trigger a sharp revival in demand, reshaping the growth path for FY26 and FY27.
Ashok Leyland Q1 results: Revenue up 1.5% at Rs 8,725 crore
Ashok Leyland share price: While announcing its results for the fourth quarter of FY25 in May, Ashok Leyland had said that its board approved the issue of bonus shares in the ratio of 1:1.
A dedicated provision for 1,100 e-trucks registered in Delhi has been made, with an estimated outlay of Rs 100 crore, aimed at addressing the capital’s serious air quality challenges.
Stocks to watch, 1 July: Stocks like CG Power and Industrial Solutions, Kalpataru Projects International, KSB, NCC, Bharat Electronics, HCL Technologies, Hindustan Copper, Kalpataru, Globe Civil Projects, and Ellenbarrie Industrial Gases will be in focus on July 1.
Mani is currently serving as Chief Operating Officer (COO) at Ashok Leyland.
Overall, the trend continues to favour the bulls, although some consolidation may occur following a two-week rally. Below are some short-term trading ideas to consider.
Ashok Leyland will add 50 new touchpoints in North India in FY26.
The market may remain rangebound in the upcoming session until it decisively surpasses the previous day’s high. Below are some short-term trading ideas to consider.
Stocks to Watch, 2 June: Stocks like TVS Motor Company, Eicher Motors, Hero MotoCorp, Maruti Suzuki India, Indian Energy Exchange,Indigo Paints, Manappuram Finance, Tata Motors, Mahindra and Mahindra, Niva Bupa Health Insurance Company, Alembic Pharmaceuticals, IRCON International, Godrej Properties, Titagarh Rail Systems, AstraZeneca Pharma India, Genus Power Infrastructures, and FSN E-Commerce Ventures Nykaa will be in focus on June 2.
CV major Ashok Leyland has already flagged concerns on profitability. In its post-Q4 earnings call, CEO and MD Shenu Agarwal acknowledged that steel costs are rising and would pressure margins in the short term.
Deven Choksey is bullish on Ashok Leyland has recommended buy rating on the stock with a target price of Rs 285 in its research report dated May 29, 2025.
LKP Research is bullish on Ashok Leyland has recommended buy rating on the stock with a target price of Rs 268 in its research report dated May 26, 2025.
Strong order pipeline and market recovery set the stage for growth to pick up