Ashok leyland share price bse

• Ashok Leyland has an operating revenue of Rs. 40,425.22 Cr. on a trailing 12-month basis. An annual revenue growth of 59% is outstanding, Pre-tax margin of 5% is okay, ROE of 14% is good. The company has a high debt to equity of 230%, which can be a reason to worry. The stock from a technical standpoint is comfortably placed above its key moving averages, around 7% and 6% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 2% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 80 which is a GOOD score indicating consistency in earnings, a RS Rating of 59 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 41 indicates it belongs to a fair industry group of Auto Manufacturers and a Master Score of B is close to being the best. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail. Indicator Mar 2023 Dec 2022 Sep 2022 Jun 2022 Mar 2022 Oper Rev Qtr Cr 11,626 9,030 8,266 8,435 8,703 Operating Expenses Qtr Cr 10,350 8,232 7,729 7,700 7,968 Operating Profit Qtr Cr 1,276 797 537 770 776 Depreciation Qtr Cr 184 189 177 212 195 Interest Qtr Cr 63 80 77 467 76 Tax Qtr Cr 373 205 112 68 97 Net Profit Qtr Cr 751 361 199 28 901 Indicator Mar 2023 Dec 2022 Sep 2022 Jun 2022 Mar 2022 Oper Rev Qtr Cr 13,147...

The stock quoted a 52-week high price of Rs 169.4 and a 52-week low of Rs 128.35. On the technical charts, the 200-DMA of the stock stood at Rs 147.56, while 50-DMA was at Rs 144.5. If a stock trades above 50 DMA and 200 DMA, it usually means the immediate trend is up. On the other hand, if the stock trades below 50 DMA and 200 DMA both, it is considered a bearish trend and if it trades between 50DMA and 200DMA, then it suggests the stock can go anywhere. Shares of the company have advanced 11.24 per cent in the past one year, while Sensex has risen 14.06 per cent during the same period.

The company reported consolidated net sales of Rs 13233.16 crore for the quarter ended 31-Mar-2023, up 26.87 per cent from previous quarter's Rs 10430.39 crore and up 32.89 per cent from the year-ago quarter's Rs 9957.95 crore. The net profit for latest quarter stood at Rs 752.53 crore, up 436.6 per cent from the same quarter a year ago. Valuation ratio According to BSE data, the stock traded at a P/E multiple of 33.67 and a price-to-book ratio of 4.78. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business. Ashok Leyland Ltd. belongs to the Auto - Cars/UV/CV industry. Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp.

Ashok Leyland Ltd. is a Public Limited Listed company incorporated on 07/09/1948 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L34101TN1948PLC000105 and registration number is 000105. Currently Company is involved in the business activities of Manufacture of commercial vehicles such as vans, lorries, over-the-road tractors for semi-trailers etc.. Company’s Total Operating Revenue is Rs. 21688.29 Cr. and Equity Capital is Rs. 293.55 Cr. for the Year ended 31/03/2022.

• Company’s PEG ratio is 0.128242804596699. • The company has an efficient Cash Conversion Cycle of -47.0467746966755 days. • The company has a good cash flow management; CFO/PAT stands at 2.13264405315933. • The company has a strong degree of Operating leverage, Average Operating leverage stands at 11.0642725908141. • The company has shown a poor profit growth of -35.1118322417471% for the Past 3 years. • The company has shown a poor revenue growth of -9.28723744569182% for the Past 3 years. • Company has a poor ROE of 2.08835612670738% over the past 3 years. • Company has a poor ROCE of 3.8446339959771% over the past 3 years • Tax rate is low at -2.69517257064877. • The company is trading at a high PE of 34.98. Quarterly Result (All Figures in Cr.) PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Net Sales 8744.29 7222.85 8265.95 9029.67 11625.67 Total Expenditure 7968.25 6902.57 7728.61 8232.33 10349.93 Operating Profit 776.04 320.28 537.34 797.34 1275.74 Other Income 24.16 25.64 19.99 31.59 38.92 Interest 76.46 68.88 77.05 80.4 62.76 Depreciation 195.35 182.4 176.79 188.95 183.82 Exceptional Items 470.26 13.01 8.23 6.94 56.43 Profit Before Tax 998.65 107.65 311.72 566.52 1124.51 Tax 97.28 39.6 112.41 205.18 373.1 Profit After Tax 901.37 68.05 199.31 361.34 751.41 Adjusted EPS (Rs) 3.07 0.23 0.68 1.23 2.56 Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.) PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Net Sales 26356.4 29054.95 17467.47 15301.45...

Promotor Holding Promoters held 51.53 per cent in the Ashok Leyland Ltd. as of 31-Mar-2023 while foreign portfolio investors and domestic institutional investors owned 14.85 per cent and 22.06 per cent, respectively. Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp.

Bharat Petroleum and Ashok Leyland have initiated a pilot program to test the effectiveness of ED7 (Diesel blended with 7% Ethanol) fuel. This program aims to transform India’s bio-fuel economy and achieve a stable energy mix. The ED7 fuel blend, developed by BPCL-R&D, consists of 93% diesel and 7% ethanol. The blend has undergone rigorous testing and validation on the engine test bench in collaboration with Ashok Leyland. Bengaluru start-up unveils autonomous pod, plans global trials in 2 years After the pilot program, a comprehensive report will be submitted to ARAI, the Ministry of Road Transport & Highways, and the Ministry of Petroleum and Natural Gas, for developing a roadmap for commercial implementation of the fuel. With ethanol readily available in India, the study targets to establish an ethanol blend in diesel to the tune of 7%, to reduce energy bills for the country. The Flex-Fuel Prototype utilises advanced software to detect the ethanol blend in the fuel and adjust engine control parameters accordingly, ensuring a trouble-free riding experience. The engine’s performance and emissions remain uncompromised across the entire blend range.

Bharat Petroleum and Ashok Leyland have initiated a pilot program to test the effectiveness of ED7 (Diesel blended with 7% Ethanol) fuel. This program aims to transform India’s bio-fuel economy and achieve a stable energy mix. The ED7 fuel blend, developed by BPCL-R&D, consists of 93% diesel and 7% ethanol. The blend has undergone rigorous testing and validation on the engine test bench in collaboration with Ashok Leyland. Bengaluru start-up unveils autonomous pod, plans global trials in 2 years After the pilot program, a comprehensive report will be submitted to ARAI, the Ministry of Road Transport & Highways, and the Ministry of Petroleum and Natural Gas, for developing a roadmap for commercial implementation of the fuel. With ethanol readily available in India, the study targets to establish an ethanol blend in diesel to the tune of 7%, to reduce energy bills for the country. The Flex-Fuel Prototype utilises advanced software to detect the ethanol blend in the fuel and adjust engine control parameters accordingly, ensuring a trouble-free riding experience. The engine’s performance and emissions remain uncompromised across the entire blend range.

Promotor Holding Promoters held 51.53 per cent in the Ashok Leyland Ltd. as of 31-Mar-2023 while foreign portfolio investors and domestic institutional investors owned 14.85 per cent and 22.06 per cent, respectively. Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp.

The stock quoted a 52-week high price of Rs 169.4 and a 52-week low of Rs 128.35. On the technical charts, the 200-DMA of the stock stood at Rs 147.56, while 50-DMA was at Rs 144.5. If a stock trades above 50 DMA and 200 DMA, it usually means the immediate trend is up. On the other hand, if the stock trades below 50 DMA and 200 DMA both, it is considered a bearish trend and if it trades between 50DMA and 200DMA, then it suggests the stock can go anywhere. Shares of the company have advanced 11.24 per cent in the past one year, while Sensex has risen 14.06 per cent during the same period.