Ashok Leyland Share Price Target: In this article, you will read about Ashok Leyland Share Price Target prediction for this year’s end and the upcoming years 2025, 2027, 2030, and 2035.
By the end of this article, you may get an idea about Ashok Leyland, and the expected share price target. We will do the analysis and predict whether the stock is best for long-term investment or not.
Ashok Leyland Overview :
Ashok Leyland is an Indian automotive manufacturer company. Ashok Leyland was founded on September 7, 1948, Its headquarters is located in Chennai, India. Now Ashok Leyland was owned by the Hinduja Group. Previously It was founded as Ashok Motors which became Ashok Leyland in the year 1955 after collaboration with British Leyland.
Ashok Leyland’s revenue is 41,783 crores INR (US$5.2 billion, 2023). Ashok Leyland has more than 9,603 employees in 2023. Ashok Leyland is 2nd largest manufacturer of commercial vehicles in India, the 4th largest manufacturer of buses in the world, and the 19th largest manufacturer of trucks. Check their official website and their profile from the below table.
| Name | Ashok Leyland |
| Founded | 1948 |
| Industry | Automotive |
| Type | Multinational company |
| CEO | Vinod K. Dasari |
| Headquarters | Chennai, India |
| Services | Manufactures commercial vehicles including trucks buses and defense vehicles |
| Locations | India, UK, Spain, South Africa, and the Middle East |
| Website | ashokleyland.com |
| Profile | Ashok_Leyland |
Shareholding Pattern of Ashok Leyland:
- Promoters. 51.53%
- Foreign Institutions. 20.48%
- Retail And Others. 15.13%
- Mutual Funds. 8.71%
- Other Domestic Institutions. 4.15%
Fundamentals of Ashok Leyland:
The market cap of Ashok Leyland is 501.20B. The number of shares outstanding is 2.94B. And Earnings per share is ₹7.25. From the table below, you can get to know about the Price of the earnings Ratio (P/E), BOOK VALUE, Price to book (P/B), and many more like Dividend yield.
| Market cap | 501.20B |
| Enterprise value | ₹811,134,287,872.00 |
| Shares outstanding | 2.94B |
| P/E ratio | 23.41 |
| Forward P/E ratio | 21.90 |
| Price / Book | 5.62 |
| Book value | ₹30.21 |
| Payout ratio | 35.71% |
| Quick ratio | 0.44 |
| Current ratio | 1.16 |
| Debt / Equity | 306.53 |
| Price / Sales | 1.12 |
| Earnings per share | ₹7.25 |
| Revenue per share | ₹151.78 |
| Total cash per share | ₹18.73 |
| Forward annual dividend rate | ₹2.60 |
| Ex-Dividend date | July 7, 2023 |
| Forward annual dividend yield | 1.52% |
| Five Year Avg Dividend Yield | 2.15 |
| Total cash | 55.03B |
| Total debt | 343.92B |
| Total revenue | 447.23B |
| Return on assets | 6.93% |
| Return on equity | 23.47% |
| Gross profit | – |
| Gross margin | 32.14% |
| % Held by insiders | 52.67% |
| % Held by Institutions | 23.06% |
Ashok Leyland Share Price NSE/BSE:
Ashok Leyland Shares were listed in the (NSE) National Stock Exchange and (BSE) Bombay Stock Exchange.
Ashok Leyland shares on NSE are trading at around 169.90 INR, each as of January 2024. Ashok Leyland shares on BSE are currently trading at 169.75 INR.
Ashok Leyland Ltd. Stock details:
| BSE Script Code | 500477 |
| Face Value | 1 |
| Symbol | ASHOKLEY |
| BSE Script ID | ASHOKLEY |
| ISIN Number | INE208A01029 |
| Industry | Commercial Vehicles |
| Series | EQ |
| 52 Week High | ₹191.50 (Aug 16, 2023) |
| 52 Week Low | ₹133.10 (Mar 28, 2023) |
Ashok Leyland Share Price History:
Here is the history of Ashok Leyland from 1990 to 2023. You can get to know how the stock has performed in past years.
| Year | Ashok Leyland | YOY Chg% | ↑High – ↓Low |
|---|---|---|---|
| 1990 | ₹5.23 | – | ↑ ₹6.15↓ ₹2.91 |
| 1991 | ₹4.97 | -5% | ↑ ₹6.94↓ ₹4.70 |
| 1992 | ₹4.49 | -9.7% | ↑ ₹9.61↓ ₹3.85 |
| 1993 | ₹7.48 | 66.5% | ↑ ₹8.12↓ ₹2.99 |
| 1994 | ₹9.62 | 28.6% | ↑ ₹12.81↓ ₹6.52 |
| 1995 | ₹5.30 | -45% | ↑ ₹9.62↓ ₹5.10 |
| 1996 | ₹5.15 | -2.9% | ↑ ₹7.38↓ ₹3.88 |
| 1997 | ₹2.01 | -61% | ↑ ₹5.84↓ ₹1.75 |
| 1998 | ₹2.16 | 7.4% | ↑ ₹3.07↓ ₹1.00 |
| 1999 | ₹5.70 | 163.8% | ↑ ₹7.95↓ ₹1.36 |
| 2000 | ₹2.19 | -61.6% | ↑ ₹7.42↓ ₹1.66 |
| 2001 | ₹3.48 | 58.9% | ↑ ₹4.60↓ ₹2.04 |
| 2002 | ₹4.96 | 42.5% | ↑ ₹6.14↓ ₹3.21 |
| 2003 | ₹14.69 | 196.1% | ↑ ₹14.74↓ ₹4.60 |
| 2004 | ₹12.20 | -17% | ↑ ₹15.53↓ ₹8.50 |
| 2005 | ₹15.93 | 30.5% | ↑ ₹16.90↓ ₹9.38 |
| 2006 | ₹22.73 | 42.6% | ↑ ₹26.98↓ ₹14.70 |
| 2007 | ₹26.00 | 14.3% | ↑ ₹27.55↓ ₹16.95 |
| 2008 | ₹7.51 | -71.2% | ↑ ₹28.95↓ ₹6.22 |
| 2009 | ₹24.77 | 229.8% | ↑ ₹27.93↓ ₹6.70 |
| 2010 | ₹31.95 | 28.9% | ↑ ₹40.95↓ ₹22.95 |
| 2011 | ₹22.75 | -28.8% | ↑ ₹34.35↓ ₹20.05 |
| 2012 | ₹26.95 | 18.4% | ↑ ₹32.90↓ ₹20.25 |
| 2013 | ₹17.20 | -36.2% | ↑ ₹27.90↓ ₹11.82 |
| 2014 | ₹51.35 | 198.5% | ↑ ₹56.15↓ ₹14.90 |
| 2015 | ₹88.00 | 71.3% | ↑ ₹99.65↓ ₹51.10 |
| 2016 | ₹80.10 | -9% | ↑ ₹112↓ ₹73.60 |
| 2017 | ₹119.25 | 48.8% | ↑ ₹133↓ ₹79.20 |
| 2018 | ₹102.55 | -14.1% | ↑ ₹167↓ ₹97.70 |
| 2019 | ₹81.50 | -20.6% | ↑ ₹104↓ ₹56.95 |
| 2020 | ₹95.45 | 17.1% | ↑ ₹102↓ ₹33.70 |
| 2021 | ₹122.40 | 28.2% | ↑ ₹153↓ ₹95.50 |
| 2022 | ₹143.40 | 17.1% | ↑ ₹169↓ ₹93.20 |
| 2023 | ₹181.55 | 26.6% | ↑ ₹191↓ ₹133 |
Ashok Leyland Expected Share Price Target:
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹170 | ₹200 |
| 2025 | ₹195 | ₹230 |
| 2026 | ₹225 | ₹260 |
| 2027 | ₹255 | ₹290 |
| 2030 | ₹380 | ₹420 |
| 2035 | ₹550 | ₹600 |
Also Consider Reading: Vodafone Idea Share Price Target.
Ashok Leyland Share Price Target 2024:
On the analysis we will get to know the Ashok Leyland share price target by 2024, the minimum price range of 170, and the maximum share price of 200. This range of amounts is based on the strategies of the company.
Ashok Leyland Share Price Target 2024 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 170 | 200 |
Ashok Leyland Share Price Target 2025:
The expected minimum range of Ashok Leyland share price target in 2025 is 195, and the maximum share price target is 230.
Ashok Leyland Share Price Target 2025 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 195 | 230 |
Ashok Leyland Share Price Target 2027:
The expected minimum range of Ashok Leyland share price target in 2027 is 255, and the maximum share price target is 290.
Ashok Leyland Share Price Target 2027 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 255 | 290 |
Ashok Leyland Share Price Target 2030:
Looking ahead to 2030 the expected minimum price range for Ashok Leyland shares is 380, and the maximum price range is 420.
Ashok Leyland Share Price Target 2030 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 380 | 420 |
Ashok Leyland Share Price Target 2035:
By the year 2035, the expected minimum range of Ashok Leyland share price is 550, and the maximum price range is 600.
Ashok Leyland Share Price Target 2035 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 550 | 600 |
Conclusion:
I hope you got clarity on the Ashok Leyland Share Price Target from 2024 to 2035. This is just the prediction; You need to analyze the graph to get an idea.
FAQ:
1. What is the Ashok Leyland Share Price Target for 2024?
A: The expected price target for Ashok Leyland in 2024 is 170 to 200 per share.
2. What is the Ashok Leyland Share Price Target for 2025?
A: The expected price target for Ashok Leyland in 2025 is 195 to 230 per share.
3. What is the Ashok Leyland Share Price Target for 2027?
A: The expected price target for Ashok Leyland in 2027 is 255 to 290 per share.
4. What is the Ashok Leyland Share Price Target for 2030?
A: The expected price target for Ashok Leyland in 2030 is 380 to 420 per share.
5. What is the Ashok Leyland Share Price Target for 2035?
A: The expected price target for Ashok Leyland in 2035 is 550 to 600 per share.
Disclaimer: Dear people, we would like to inform you that we are not authorized by SEBI. The share price target for Ashok Leyland is provided for educational and informational purposes only. The price predictions will only be valid when the market sign is positive. We do not recommend anyone to buy, sell, or hold any stock. Investors should make their analysis or take suggestions from their financial advisers/experts before making any investments.
