Ashok Leyland Limited (NSE:ASHOKLEY)
Market Cap | 687.12B |
Revenue (ttm) | 485.35B |
Net Income (ttm) | 31.07B |
Shares Out | 2.94B |
EPS (ttm) | 10.56 |
PE Ratio | 22.16 |
Forward PE | 19.69 |
Dividend | 6.25 (2.67%) |
Ex-Dividend Date | May 22, 2025 |
Volume | 5,197,766 |
Average Volume | 5,547,986 |
Open | 250.39 |
Previous Close | 248.92 |
Day's Range | 249.36 - 251.90 |
52-Week Range | 191.86 - 264.65 |
Beta | 0.34 |
RSI | 69.17 |
Earnings Date | Jul 22, 2025 |
About Ashok Leyland
Ashok Leyland Limited, together with its subsidiaries, manufactures and sells commercial vehicles in India and internationally. The company offers buses; haulage and ICV trucks, as well as tractors and tippers; light commercial vehicles goods carriers and passenger, as well as small commercial vehicles goods carriers; and defense vehicles comprising logistics, high mobility, armored, and specialist vehicles. It also provides power solutions, such as diesel generators, agriculture engines, industrial engines, and marine engines; spare parts; and... [Read more]
Financial Performance
In 2024, Ashok Leyland's revenue was 485.35 billion, an increase of 5.99% compared to the previous year's 457.91 billion. Earnings were 31.07 billion, an increase of 25.10%.
Financial StatementsNews

HSBC sees medium-term volume pressure for MHCVs; maintains ‘Hold’ on Ashok Leyland, Tata Motors
HSBC has flagged potential structural headwinds for medium and heavy commercial vehicle (MHCV) volumes, driven by infrastructure and policy developments, and has reiterated its ‘Hold’ ratings on Ashok...

Stocks to watch on brokerages on June 6: Bajaj Auto, ONGC, Reliance Industries, Infosys, Ashok Leyland, Marico, HPCL, Prestige Estates, Godrej Properties, Tata Motors in focus
Several frontline stocks will be in focus today after fresh brokerage recommendations and target revisions released this morning by top fund houses and institutional brokerages. In the auto space, CLS...

Ashok Leyland increases stake in UK’s Switch Mobility to 100%
Ashok Leyland’s UK-based subsidiary, Optare Plc, has completed the acquisition of a 1.01% stake in Switch Mobility Limited, UK, from Dana Ltd., raising its total stake to 99.57%. Following this, Optar...

Top stocks to watch today, June 4: HDFC Bank, Wipro, Ashok Leyland, Zydus, Yes Bank and more
Indian equity benchmark indices Sensex and Nifty closed sharply lower on Tuesday, June 3. The BSE Sensex fell 636.24 points or 0.78% to end at 80,737.51. During intraday trade, the index dropped as mu...

Ashok Leyland reports 5% YoY growth in total sales for May 2025
Ashok Leyland, one of India’s leading commercial vehicle manufacturers, has released its sales figures for May 2025, reflecting a modest year-on-year growth in total vehicle sales. The company sold 14...

Ashok Leyland stock in focus today after 1:1 bonus, 38% jump in Q4 profit; brokerages divided
Ashok Leyland is in the spotlight after posting a 38.4% year-on-year rise in net profit to ₹1,246 crore in Q4 FY25, aided by a ₹173 crore tax credit. Revenue for the quarter stood at ₹11,907 crore, co...

HSBC downgrades Ashok Leyland to hold, sees 9% upside, flags margin pressure ahead
HSBC has downgraded Ashok Leyland to Hold, even as it raised the target price to ₹260, implying a 9.1% upside from the current market price of ₹238.26. The downgrade follows concerns around potential ...

Morgan Stanley maintains overweight on Ashok Leyland, sees 19% upside despite Q4 revenue miss
Morgan Stanley has maintained its Overweight rating on Ashok Leyland, assigning a target price of ₹284, implying a 19.2% upside from the current market price of ₹238.26. The brokerage noted that while...

Nomura maintains buy on Ashok Leyland, expects 15% upside, bets on demand recovery in FY26
Nomura has maintained its Buy rating on Ashok Leyland, assigning a target price of ₹275, which implies a 15.4% upside from the current market price of ₹238.26. The brokerage noted that Q4 EBITDA was i...

Stocks to watch on brokerages on May 26: Jefferies bullish on NTPC, GMR; mixed views on Ashok Leyland, JSW Steel
On May 26, several prominent stocks are in focus today as brokerages have released updated views and target price revisions for key Indian stocks following Q4 results. Here’s a look at the top calls a...

Stocks to watch today on May 26: Glenmark, JSW Steel, GE Vernova, Ashok Leyland, Balkrishna Industries, NTPC in focus after Q4 results
The markets on 26 May 2025 will react to a slew of Q4FY25 earnings and F&O developments. Investors will track a mix of pharma, auto, energy, and capital goods companies reporting their March quarter r...

Q4 earnings today: JSW Steel, Ashok Leyland, BEML, Glenmark among key firms set to report numbers
The earnings season continues to gain momentum as more than 200 companies are set to announce their financial results for the quarter ended March 2025 today. The list includes several key names across...

Ashok Leyland shares surge over 2% ahead of board meet to consider bonus issue
Shares of Ashok Leyland surged over 2% in early trade on Tuesday, trading at ₹245.70 on the BSE, ahead of the company’s upcoming board meeting scheduled for Friday, May 23. The commercial vehicle manu...

Ashok Leyland board declares second interim dividend of Rs 4.25 per share for FY25
Ashok Leyland Limited announced the declaration of its second interim dividend for the financial year ended March 31, 2025. The company’s Board of Directors, in a meeting held on May 16, 2025, approve...

Ashok Leyland stock in focus as total sales drop 6% in April; M&HCV volumes fall
Shares of Ashok Leyland will be in focus on Thursday, May 2, after the commercial vehicle major reported a 6% year-on-year decline in total sales for April 2025. The stock had closed at ₹225.31 in the...

Ashok Leyland April sales down 6% YoY; M&HCV buses see 22% drop in total volumes
Ashok Leyland April vehicle sales at 13,421 units, down 6% YoY; domestic volumes slip 7%

Ashok Leyland increases stake in UK subsidiary Optare PLC to 93% with Rs 500 crore investment
Ashok Leyland has announced that it has increased its shareholding in its UK-based subsidiary Optare PLC from 92.59% to 93% following a fresh investment of GBP 45 million, equivalent to Rs 500 crore. ...

Ashok Leyland’s March 2025 sales rise 6% YoY to 24,060 units; M&HCV bus volumes up 25%
Ashok Leyland Limited reported a 6% year-on-year growth in total vehicle sales (domestic and exports combined) for March 2025, reaching 24,060 units, compared to 22,736 units in March 2024, as per the...

Ashok Leyland secures Rs 700 crore defence orders for advanced mobility solutions
Ashok Leyland, a flagship company of the Hinduja Group and India’s leading supplier of logistics vehicles to the Indian Army, has secured multiple defence orders worth over ₹700 crore. These contracts...

Ashok Leyland increases stake in Hinduja Leyland Finance to 61.12% with Rs 200 crore investment
Ashok Leyland Ltd has announced that it has increased its shareholding in Hinduja Leyland Finance Ltd (HLFL) from 60.39% to 61.12% following an equity investment of Rs 200 crore. The update follows th...

Ashok Leyland share price drops over 2% as company begins closure of UK EV unit; promoters pledge 30 crore shares
Shares of Ashok Leyland fell 2.41% to ₹209.79 on the NSE as of 9:21 AM on Thursday, following the company’s announcement that it will cease operations at its UK-based EV manufacturing unit, while prom...

Stocks to watch today: Infosys, Wipro, Ashok Leyland, HUL, Bajaj Finance, BSE, NBCC, UPL, Max Financial, JB Chemicals in focus [27 March]
Indian equity markets are likely to witness stock-specific action on Thursday, March 27, as several companies announced key developments, strategic deals, stake sales, and corporate updates. Here’s a ...

Stocks to watch on March 27: Trent, HDFC AMC, Five Star Finance, HAL, Ashok Leyland, L&T, Wipro in focus on brokerage actions
Shares of several companies including Trent, HDFC AMC, Five Star Finance, HAL, L&T, Ashok Leyland, and Wipro are likely to be in focus today as top brokerages have issued fresh ratings and target pric...

Ashok Leyland share price: Morgan Stanley sees 32% upside, Jefferies stays cautious with ‘Hold’ rating
Ashok Leyland’s stock has drawn mixed reactions from brokerages. Morgan Stanley has maintained its ‘Overweight’ rating on the company with a target price of ₹284, implying a significant upside potenti...
Ashok Leyland EV subsidiary Switch likely to stop manufacturing in UK
India Business News: CHENNAI: Ashok Leyland subsidiary Switch Mobility UK is considering ceasing production at its Sherburn UK facility due to sluggish sales.