AgenciesAxis Securities has buy call on Ashok Leyland with a target price of Rs 175. The current market price of . is Rs 165.15. Time period given by analyst is one year when Ltd. price can reach defined target.
Ashok Leyland Ltd., incorporated in the year 1948, is a Large Cap company (having a market cap of Rs 48392.17 Crore) operating in Auto sector.
Ashok Leyland Ltd. key Products/Revenue Segments include Commercial Vehicles, Spare Parts & Others, Sale of services, Engine & Gensets, Ferrous Castings, Scrap, Export Incentives, Other Operating Revenue for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 7248.49 Crore, down -27.21 % from last quarter Total Income of Rs 9957.95 Crore and up 76.65 % from last year same quarter Total Income of Rs 4103.27 Crore. Company reported net profit after tax of Rs 68.05 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 51.54 per cent stake in the company as of 30-Jun-2022, while FIIs owned 15.03 per cent, DIIs 21.74 per cent.
Ashok Leyland Ltd., incorporated in the year 1948, is a Large Cap company (having a market cap of Rs 48392.17 Crore) operating in Auto sector.
Ashok Leyland Ltd. key Products/Revenue Segments include Commercial Vehicles, Spare Parts & Others, Sale of services, Engine & Gensets, Ferrous Castings, Scrap, Export Incentives, Other Operating Revenue for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 7248.49 Crore, down -27.21 % from last quarter Total Income of Rs 9957.95 Crore and up 76.65 % from last year same quarter Total Income of Rs 4103.27 Crore. Company reported net profit after tax of Rs 68.05 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 51.54 per cent stake in the company as of 30-Jun-2022, while FIIs owned 15.03 per cent, DIIs 21.74 per cent.
(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
Experience Your Economic Times Newspaper, The Digital Way!
Read More News on
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Pick the best stocks for yourself
Powered by