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Ashok Leyland Limited (ASHOKLEY) is a leading farm & heavy construction machinery business based in India. It opened the day at INR123 after a previous close of INR122.2. During the day the price has varied from a low of INR122 to a high of INR123.95. The latest price was INR123.55 (25 minute delay). Ashok Leyland is listed on the NSE and employs 10,101 staff. All prices are listed in Indian Rupee.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
| Open | INR123.00 |
|---|---|
| High | INR123.95 |
| Low | INR122.00 |
| Close | INR123.55 |
| Previous close | INR122.20 |
| Change | INR1.35 |
| Change % | 1.1047% |
| Volume | 7,156,602 |
| 52-week range | INR110.82 - INR169.45 |
|---|---|
| 50-day moving average | INR145.63 |
| 200-day moving average | INR147.82 |
| Wall St. target price | INR142.03 |
| PE ratio | 67.1015 |
| Dividend yield | INR0 (0.74%) |
| Earnings per share (TTM) | INR2.07 |
Historical closes compared with the close of INR123.55 from 2023-03-23
| 1 week (2023-03-16) | -11.59% |
|---|---|
| 1 month (2023-02-24) | -12.56% |
| 3 months (2022-12-23) | -10.37% |
| 6 months (2022-09-23) | -22.44% |
| 1 year (2022-03-24) | 10.26% |
|---|---|
| 2 years (2021-03-24) | 10.16% |
| 3 years (2020-03-24) | 247.54% |
| 5 years (2018-03-23) | 142.05 |
Valuing Ashok Leyland stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Ashok Leyland's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
| Revenue TTM | INR384 billion |
|---|---|
| Operating margin TTM | 9% |
| Gross profit TTM | INR86.2 billion |
| Return on assets TTM | 3.99% |
| Return on equity TTM | 2.99% |
| Profit margin | 1.64% |
| Book value | INR24.46 |
| Market capitalisation | INR407.8 billion |
TTM: trailing 12 months
Dividend payout ratio: 42.81% of net profits
Recently Ashok Leyland has paid out, on average, around 42.81% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.74% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Ashok Leyland shareholders could enjoy a 0.74% return on their shares, in the form of dividend payments. In Ashok Leyland's case, that would currently equate to about INR0 per share.
While Ashok Leyland's payout ratio might seem fairly standard, it's worth remembering that Ashok Leyland may be investing much of the rest of its net profits in future growth.
The latest dividend was paid out to all shareholders who bought their shares by 14 July 2022 (the "ex-dividend date").
Ashok Leyland's shares were split on a 2:1 basis on 2 August 2011. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Ashok Leyland shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Ashok Leyland shares which in turn could have impacted Ashok Leyland's share price.
Over the last 12 months, Ashok Leyland's shares have ranged in value from as little as INR110.8236 up to INR169.45. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NSE average) beta is 1, while Ashok Leyland's is 0.717. This would suggest that Ashok Leyland's shares are less volatile than average (for this exchange).
Ashok Leyland Limited, together with its subsidiaries, manufactures and sells commercial vehicles in India and internationally. The company offers city, inter-city, school and college, staff, tourist, stage carrier, and airport shuttle buses; haulage and ICV distribution trucks, as well as tractors and tippers; light and small commercial vehicles, goods carriers, and passenger vehicles; and defense vehicles comprising logistics, high mobility, armored, light tactical, tracked, and simulator vehicles. It also provides power solutions, such as diesel generators, agriculture engines, industrial engines, and marine engines; spare parts, including trailer axle and suspension, repair, and retro fitment kits; and vehicle and housing financing services. In addition, the company trades in commercial vehicles; offers manpower supply services and air chartering services; provides IT services; and driver training services, as well as manufactures forgings and castings. Further, it operates retail stores; and LeyKart, an e-commerce store for spare parts. The company was incorporated in 1948 and is headquartered in Chennai, India. Ashok Leyland Limited is a subsidiary of Hinduja Automotive Limited.
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