Ashok Leyland Share Price Target 2024, 2025, 2030, and 2035

 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.

NameAshok Leyland
Founded1948
IndustryAutomotive
TypeMultinational company
CEOVinod K. Dasari
HeadquartersChennai, India
ServicesManufactures commercial vehicles
including trucks
buses
and defense vehicles
LocationsIndia, UK, Spain,
South Africa,
and the Middle East
Websiteashokleyland.com
ProfileAshok_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 cap501.20B
Enterprise value₹811,134,287,872.00
Shares outstanding2.94B
P/E ratio23.41
Forward P/E ratio21.90
Price / Book5.62
Book value₹30.21
Payout ratio35.71%
Quick ratio0.44
Current ratio1.16
Debt / Equity306.53
Price / Sales1.12
Earnings per share₹7.25
Revenue per share₹151.78
Total cash per share₹18.73
Forward annual dividend rate₹2.60
Ex-Dividend dateJuly 7, 2023
Forward annual dividend yield1.52%
Five Year Avg Dividend Yield2.15
Total cash55.03B
Total debt343.92B
Total revenue447.23B
Return on assets6.93%
Return on equity23.47%
Gross profit
Gross margin32.14%
% Held by insiders52.67%
% Held by Institutions23.06%

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 Code500477
Face Value1
SymbolASHOKLEY
BSE Script IDASHOKLEY
ISIN NumberINE208A01029
IndustryCommercial Vehicles
SeriesEQ
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.

YearAshok LeylandYOY 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₹7.4866.5%↑ ₹8.12↓ ₹2.99
1994₹9.6228.6%↑ ₹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₹2.167.4%↑ ₹3.07↓ ₹1.00
1999₹5.70163.8%↑ ₹7.95↓ ₹1.36
2000₹2.19-61.6%↑ ₹7.42↓ ₹1.66
2001₹3.4858.9%↑ ₹4.60↓ ₹2.04
2002₹4.9642.5%↑ ₹6.14↓ ₹3.21
2003₹14.69196.1%↑ ₹14.74↓ ₹4.60
2004₹12.20-17%↑ ₹15.53↓ ₹8.50
2005₹15.9330.5%↑ ₹16.90↓ ₹9.38
2006₹22.7342.6%↑ ₹26.98↓ ₹14.70
2007₹26.0014.3%↑ ₹27.55↓ ₹16.95
2008₹7.51-71.2%↑ ₹28.95↓ ₹6.22
2009₹24.77229.8%↑ ₹27.93↓ ₹6.70
2010₹31.9528.9%↑ ₹40.95↓ ₹22.95
2011₹22.75-28.8%↑ ₹34.35↓ ₹20.05
2012₹26.9518.4%↑ ₹32.90↓ ₹20.25
2013₹17.20-36.2%↑ ₹27.90↓ ₹11.82
2014₹51.35198.5%↑ ₹56.15↓ ₹14.90
2015₹88.0071.3%↑ ₹99.65↓ ₹51.10
2016₹80.10-9%↑ ₹112↓ ₹73.60
2017₹119.2548.8%↑ ₹133↓ ₹79.20
2018₹102.55-14.1%↑ ₹167↓ ₹97.70
2019₹81.50-20.6%↑ ₹104↓ ₹56.95
2020₹95.4517.1%↑ ₹102↓ ₹33.70
2021₹122.4028.2%↑ ₹153↓ ₹95.50
2022₹143.4017.1%↑ ₹169↓ ₹93.20
2023₹181.5526.6%↑ ₹191↓ ₹133

Ashok Leyland Expected Share Price Target:

YearMinimum TargetMaximum 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:

YearTarget 1Target 2
2024170200

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:

YearTarget 1Target 2
2024195230

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:

YearTarget 1Target 2
2024255290

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:

YearTarget 1Target 2
2024380420

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:

YearTarget 1Target 2
2024550600

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.

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