Here, we are going to share Ashok Leyland Share Price Target 2025, 2026, 2027, 2028, 2030, 2035, 2040 on the basis of its fundamental and technical analysis.
Ashok Leyland Ltd., founded in 1948, is one of India’s leading manufacturers of commercial vehicles, including trucks, buses, and defense vehicles.
The company also focuses on innovative technologies, particularly electric and hybrid vehicles, demonstrating its dedication to sustainability and the global search for cleaner transportation.
Its diverse portfolio serves various sectors such as logistics, public transport, and defense.
Ashok Leyland Share Key Information
| Company Name | Ashok Leyland Ltd. |
| Headquarters | Chennai, India |
| Sectors | Automobiles-Trucks/Lcv |
| Market Cap | ₹ 63,887.85 Cr. |
| No. of Shares | ₹ 293.64 Cr. |
| Book Value | ₹ 34.36 |
| Dividend Yield | 2.27% |
| ROCE | 35.65% |
| ROE | 30.51% |
| Face Value | ₹ 1 |
| Sales Growth | 6.15% |
| Profit Growth | 89.69% |
Ashok Leyland Business Sector
Ashok Leyland Ltd., the Hinduja Group’s flagship company, is one of India’s leading commercial vehicle (CV) manufacturers. Its business sectors are:
- Medium and Heavy Commercial Vehicles (M&HCVs): Trucks and buses used for logistics, passenger transport, mining, and infrastructure projects.
- Electric Mobility: The company’s subsidiary Switch Mobility specializes on electric buses and trucks, promoting environmentally friendly transportation options.
- Light Commercial Vehicles (LCVs): Vehicles designed for urban goods transport and distribution.
- Aftermarket Services: To ensure efficiency in operation, we provide spare components, vehicle maintenance, and value-added services.
Board Members
- Dheeraj Gopichand Hinduja: Executive Chairman
- Jean Brunol: Non-Executive & Independent Director
- Sanjay K. Asher: Non-Executive & Independent Director
- Andreas H. Biagosch: Non-Executive & Independent Director
- Natarajan Ramanathan: Company Secretary & Compliance Officer
Ashok Leyland Share Quarterly Results
| PARTICULARS | Jun 2024 | Sep 2024 |
|---|---|---|
| Net Sales | 8,598.53 | 8,768.83 |
| Total Expenditure | 7,687.66 | 7,751.53 |
| Operating Profit | 910.87 | 1,017.30 |
| Other Income | 22.34 | 97.27 |
| Interest | 59.05 | 60.68 |
| Depreciation | 172.72 | 175.44 |
| Exceptional Items | 0 | 117.38 |
| Profit Before Tax | 701.44 | 995.83 |
| Tax | 175.86 | 225.73 |
| Profit After Tax | 525.58 | 770.10 |
| Adjusted EPS (Rs) | 1.79 | 2.62 |
Ashok Leyland Company Profits and Losses
| PARTICULARS | Mar 2023 | Mar 2024 |
|---|---|---|
| Net Sales | 36,144.14 | 38,367.03 |
| Total Expenditure | 33,213.44 | 33,760.47 |
| Operating Profit | 2,930.70 | 4,606.56 |
| Other Income | 116.14 | 246.59 |
| Interest | 289.09 | 249.44 |
| Depreciation | 731.96 | 717.81 |
| Exceptional Items | 84.61 | -93.72 |
| Profit Before Tax | 2,110.40 | 3,792.18 |
| Tax | 730.29 | 1,174.31 |
| Net Profit | 1,380.11 | 2,617.87 |
| Adjusted EPS (Rs.) | 4.70 | 8.92 |
Ashok Leyland Share Price Target 2025-2040
| Year | Initial Target | Year-End Target |
|---|---|---|
| 2025 | ₹231 | ₹259 |
| 2026 | ₹263 | ₹291 |
| 2027 | ₹295 | ₹323 |
| 2028 | ₹328 | ₹355 |
| 2029 | ₹360 | ₹387 |
| 2030 | ₹392 | ₹429 |
| 2035 | ₹525 | ₹649 |
| 2040 | ₹731 | ₹867 |
Ashok Leyland Share Price Target 2025
| Year/Month | Predicted Target |
|---|---|
| January 2025 | ₹231 |
| February 2025 | ₹233 |
| March 2025 | ₹233 |
| April 2025 | ₹238 |
| May 2025 | ₹247 |
| June 2025 | ₹249 |
| July 2025 | ₹253 |
| August 2025 | ₹255 |
| September 2025 | ₹257 |
| October 2025 | ₹256 |
| November 2025 | ₹257 |
| December 2025 | ₹259 |
Based on the 2025 forecast, the initial target of Ashok Leyland share can could be ₹231 and by the end of the year, the share price target is estimated to reach ₹259.
Ashok Leyland Share Price Target 2026
| Year/Month | Predicted Target |
|---|---|
| January 2026 | ₹263 |
| February 2026 | ₹265 |
| March 2026 | ₹265 |
| April 2026 | ₹270 |
| May 2026 | ₹275 |
| June 2026 | ₹279 |
| July 2026 | ₹281 |
| August 2026 | ₹285 |
| September 2026 | ₹287 |
| October 2026 | ₹289 |
| November 2026 | ₹291 |
| December 2026 | ₹291 |
Based on the 2026 forecast, the initial target of Ashok Leyland share can could be ₹263 and by the end of the year, the share price target is estimated to reach ₹291.
Ashok Leyland Share Price Target 2027
| Year/Month | Predicted Target |
|---|---|
| January 2027 | ₹295 |
| February 2027 | ₹297 |
| March 2027 | ₹297 |
| April 2027 | ₹302 |
| May 2027 | ₹308 |
| June 2027 | ₹311 |
| July 2027 | ₹313 |
| August 2027 | ₹317 |
| September 2027 | ₹319 |
| October 2027 | ₹321 |
| November 2027 | ₹323 |
| December 2027 | ₹323 |
Based on the 2027 forecast, the initial target of Ashok Leyland share can could be ₹295 and by the end of the year, the share price target is estimated to reach ₹323.
Ashok Leyland Share Price Target 2028
| Year/Month | Predicted Target |
|---|---|
| January 2028 | ₹328 |
| February 2028 | ₹329 |
| March 2028 | ₹330 |
| April 2028 | ₹334 |
| May 2028 | ₹340 |
| June 2028 | ₹343 |
| July 2028 | ₹346 |
| August 2028 | ₹349 |
| September 2028 | ₹351 |
| October 2028 | ₹354 |
| November 2028 | ₹355 |
| December 2028 | ₹355 |
Based on the 2028 forecast, the initial target of Ashok Leyland share can could be ₹328 and by the end of the year, the share price target is estimated to reach ₹355.
Ashok Leyland Share Price Target 2029
| Year/Month | Predicted Target |
|---|---|
| January 2029 | ₹360 |
| February 2029 | ₹361 |
| March 2029 | ₹361 |
| April 2029 | ₹366 |
| May 2029 | ₹372 |
| June 2029 | ₹375 |
| July 2029 | ₹378 |
| August 2029 | ₹381 |
| September 2029 | ₹383 |
| October 2029 | ₹384 |
| November 2029 | ₹386 |
| December 2029 | ₹387 |
Based on the 2029 forecast, the initial target of Ashok Leyland share can could be ₹360 and by the end of the year, the share price target is estimated to reach ₹387.
Ashok Leyland Share Price Target 2030
| Year/Month | Predicted Target |
|---|---|
| January 2030 | ₹392 |
| February 2030 | ₹394 |
| March 2030 | ₹397 |
| April 2030 | ₹399 |
| May 2030 | ₹403 |
| June 2030 | ₹409 |
| July 2030 | ₹411 |
| August 2030 | ₹416 |
| September 2030 | ₹419 |
| October 2030 | ₹421 |
| November 2030 | ₹427 |
| December 2030 | ₹429 |
Based on the 2030 forecast, the initial target of Ashok Leyland share can could be ₹392 and by the end of the year, the share price target is estimated to reach ₹429.
Ashok Leyland Share Price Target 2035
| Year/Month | Predicted Target |
|---|---|
| January 2035 | ₹525 |
| April 2035 | ₹567 |
| July 2035 | ₹598 |
| October 2035 | ₹625 |
| December 2035 | ₹649 |
Based on the 2035 forecast, the initial target of Ashok Leyland share can could be ₹525 and by the end of the year, the share price target is estimated to reach ₹649.
Ashok Leyland Share Price Target 2040
| Year/Month | Predicted Target |
|---|---|
| January 2040 | ₹731 |
| April 2040 | ₹759 |
| July 2040 | ₹789 |
| October 2040 | ₹836 |
| December 2040 | ₹867 |
Based on the 2040 forecast, the initial target of Ashok Leyland share can could be ₹731 and by the end of the year, the share price target is estimated to reach ₹867.
Ashok Leyland Shareholding Pattern
| Terms | Percentage |
|---|---|
| Promoters | 51.52% |
| FIIs | 24.39% |
| DIIs | 12.41% |
| Others | 0% |
| Public | 11.65% |
Ashok Leyland Company Competitors
- Tata Motors
- Olectra Greentech
- Force Motors
- SML Isuzu
Bull Case of Ashok Leyland (Reasons to Invest)
- Market Leadership: Ashok Leyland is a top player in the Indian commercial vehicle sector, with a strong presence in both domestic and international markets.
- Strong Financials: Ashok Leyland has consistently increased revenue and profitability, demonstrating resilience even during economic crises.
- Expanding Global Reach: Strategic international expansions, particularly in developing economies, provide additional growth opportunities.
Bear Case of Ashok Leyland (Risks Involved)
- Competition: Intense competition from domestic and global players could pressure margins and market share.
- High Dependency on India: Although the company’s global presence is expanding, a major percentage of its revenue still originates from the Indian market, leaving it exposed to local concerns.
Ashok Leyland Share Price Target: FAQ
What will be the target of Ashok Leyland Share for the year 2025?
By the end of the year 2025, its share price can reach ₹259.
What will be the target of Ashok Leyland Share for the year 2026?
By the end of the year 2026, its share price can reach ₹291.
What will be the target of Ashok Leyland Share for the year 2027?
By the end of the year 2027, its share price can reach ₹323.
What will be the target of Ashok Leyland Share for the year 2028?
By the end of the year 2028, its share price can reach ₹355.
What will be the target of Ashok Leyland Share for the year 2029?
By the end of the year 2029, its share price can reach ₹387.
What will be the target of Ashok Leyland Share for the year 2030?
By the end of the year 2030 its share price can reach ₹429.
What is the Current market cap of Ashok Leyland company?
At present the market cap of this company is ₹ 63,887.85 Cr.
What is the NSE symbol of Ashok Leyland company?
The symbol of this company in NSE exchange is ASHOKLEY.
What is the BSE symbol of Ashok Leyland company?
The symbol of this company in BSE exchange is 500477.
