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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
The market may weaken further if it decisively breaks the previous day's low. Below are some short-term trading ideas to consider.
Large-sized orders reflect the acceptance of made-in-India automobiles both in the commercial and passenger segments, mainly on home-grown technological platforms
The commercial vehicle maker, part of the billionaire Hinduja family’s namesake conglomerate, is working with an adviser to gauge interest from potential investors
Medium and heavy commercial vehicle (MHCV) volumes stood at 32,929 units in Q3 FY26, up 23 percent from 26,692 units in the same quarter last year. The growth outpaced overall industry expansion, resulting in a gain in market share.
The market is expected to return to strong momentum, especially after the United States reduced tariffs on Indian goods to 18 percent from 50 percent. Below are some short-term trading ideas to consider after the India–US trade deal.
Broader markets are also showing signs of strain. This widespread deterioration highlights a clear contraction in risk appetite, reinforcing the need for a cautious, defensive, and highly selective approach in the near term, Sudeep Shah said.
Ashok Leyland's Lucknow facility will have an annual production capacity of up to 5,000 vehicles.
Built over nearly 70 acres in a record 16 months, the facility marks Uttar Pradesh’s first dedicated e-bus manufacturing unit. In the initial phase, the plant has an annual production capacity of 2,500 vehicles.
Consolidation and range-bound trading may continue until the market delivers a strong close above the falling resistance trendline. Below are some short-term trading ideas to consider.
Stocks to Watch, 27 November: Stocks like Studds Accessories, Whirlpool of India, One 97 Communications Paytm, Wipro, Oberoi Realty, Jammu and Kashmir Bank, Patel Engineering Company, Asian Paints, Havells India, Panacea Biotec, India Glycols, Shivam Autotech, Salasar Techno Engineering, and Indo Tech Transformers will be in focus on November 27.
Deven Choksey recommended accumulate rating on Ashok Leyland with a target price of Rs 156 in its research report dated November 19, 2025.
Motilal Oswal is bullish on Ashok Leyland has recommended buy rating on the stock with a target price of Rs 165 in its research report dated November 12, 2025.
Choice Institutional Equities is bullish on Ashok Leyland has recommended buy rating on the stock with a target price of Rs 161 in its research report dated November 13, 2025.
The Chennai-based Hinduja Group flagship has ramped up its plant utilization rate
The company's board has recommended interim dividend of Re 1 per share
The market is expected to consolidate further amid range-bound trading before finding firm direction. Below are some short-term trading ideas to consider.
Overall, the trend remains favourable for bulls, but some consolidation can't be ruled out given the healthy rally in the last few sessions. Below are some short-term trading ideas to consider.
The market may see a bounce-back after the significant selling pressure of last week, but sustainability is the key to watch. Below are some short-term trading ideas to consider.
On the technical front, Nifty has broken below key short-term moving averages — the 20-day, 50-day, and 100-day EMAs — all of which have now turned downward, signalling weakness in trend structure, said Sudeep Shah of SBI Securities.
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.
