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Ashok Leyland News
Slew of products, starting with CNG and LNG planned: Ashok Leyland
Wed, Nov 24, 2021
Hinduja Group flagship Ashok Leyland has put in place a team to focus on alternate fuel technology that uses low carbon like CNG and LNG as part of its move towards building a green mobility future.
Ashok Leyland EV arm to supply 300 buses to Bengaluru transport corporation
Tue, Nov 16, 2021
Commercial vehicle maker Ashok Leyland's EV arm Switch Mobility has bagged a contract for the supply and operation of 300 electric buses for Bengaluru Metropolitan Transport Corporation (BMTC), according to a statement.
Global brokerages raise target price on Ashok Leyland post Q2; see over 18% upside
Tue, Nov 16, 2021
Global brokerages maintain their rating on Ashok Leyland post September quarter results but raised their respective 12-month target price as commercial vehicle maker narrowed losses.
Semi-conductor issue broadly resolved now, says Siddharth Sedani; picks 4 auto stocks with high return potential
Wed, Oct 13, 2021
In today's theme which he referred to as 'Tez Raftaar', Sedani picked Bajaj Auto Limited, Ashok Leyland Limited, Motherson Sumi Systems Limited and Craftsman Automation Limited for handsome returns.
Ashok Leyland launches ICV 'ecomet STAR' with additional features
Mon, Oct 11, 2021
The ecomet STAR is a differentiated product which reduces the TAT for the logistics sector and has features that improve driver safety, he said, adding it delivers a better TAT for the fleet owner, thereby resulting in best-in-class TCO
#EXCLUSIVE - Gadkari to meet auto sector captains on 3 Aug for THESE issues; watch out for Bajaj Auto, Maruti, Ashok Leyland, expert says
Sun, Aug 01, 2021
Two important issues that are likely to be discussed is CAFÉ-2 and BS-VI Phase-2, Bhutani said. CAFE 2 or Corporate Average Fuel Economy norms which are defined by the Government so that the industry gives best products to the customers
Ashok Leyland's Switch Mobility, Dana tie-up: Stock spurts almost 10%
Fri, Jul 30, 2021
Trading near its all-time high level, the shares of Ashok Leyland jumped almost 10 per cent to Rs 137.45 on the BSE intraday trade on Friday, as the company announces that its arm Switch Mobility’s minority stake picked up by Dana, a global leader in drivetrain and e-propulsion systems.
Ashok Leyland share price jumps 9.5% intraday - REASON investors should know
Fri, Jun 25, 2021
Amid strong fourth-quarter results, the Hinduja group flagship auto company Ashok Leyland shares soared near nine and a half per cent to Rs 129.35 on the BSE intraday trade today. It said the market share improved by 0.8 per cent to 28.9 per cent as compared to a 28.1 per cent quarter-on-quarter basis
Ashok Leyland's UK subsidiary acquires Indian EV subsidiary
Tue, Jun 15, 2021
Hinduja group's commercial vehicle major Ashok Leyland Ltd on Tuesday said its UK subsidiary Switch Mobility Ltd has acquired the entire stakes in its Indian subsidiary Switch Mobility Automotive Ltd.
CONCOR, JSW Steel, Auto Stocks to NATCO Pharma - here are top Buzzing Stocks today
Mon, May 24, 2021
After fluctuating between gains and losses, the domestic stock markets were trading in a positive zone in Monday’s afternoon trade. At 12:48 pm, the S&P BSE Sensex rose 97.51 points or 0.19% and was trading at 50,637.99 levels.
Ashok Leyland, Hero MotoCorp, Maruti Suzuki - Sharekhan puts its money on these auto sector stocks
Tue, May 04, 2021
Six leading OEMs including Ashok Leyland, Hero MotoCorp, Hero Motocorp, Maruti Suzuki, Toyota Kirloskar Motor, and MG Moto have announced plant shutdowns in May, amid the second wave of rising COVID-19 cases. Brokerage firm Sharekhan expects the current COVID-induced restrictions in states to be a temporary phenomenon undertaken to arrest the rising COVID-19 cases
Ashok Leyland delivers first of its kind, LBP vehicles to IAF in link-up with Lockheed Martin
Fri, Apr 16, 2021
Ashok Leyland, the flagship company of the Hinduja Group and the largest supplier of logistics Vehicles to the Indian Army, has strengthened its Armoured vehicle platform by delivering first of its kind “Light Bullet proof Vehicles” ( LBPV) to the Indian Air force. Ashok Leyland delivered the first lot of these modern vehicles on April 13th
Buy Ashok Leyland shares for target of Rs 133, maintain stop-loss at Rs 115, says this expert
Thu, Apr 08, 2021
Ashok Leyland share price today is Rs 123, up by Rs 6.25 or 5.35%. Ashok Leyland share price has fallen as much as 2% to Rs 118 from Rs 123 over the last week itself. As per Ashok Leyland’s management, under 'Project Reset', the company will focus on pricing, network profitability, supply chain de-bottlenecking, and other manufacturing overheads
Ashok Leyland Share Price Today: BREAKOUT! Experts give 'share to buy' tag now
Thu, Apr 08, 2021
Ashok Leylanland share price today: Ashok Leyland opened on the higher side today and shot up 5.61 per cent to Rs 123.30 mark.
Buy Ashok Leyland share for Rs 125-Rs 130 target price, maintain stop-loss at Rs 105, says expert
Mon, Apr 05, 2021
Sharekhan says that it has revised Ashok Leyland’s volume estimates upwards on expectation that the CV industry is ready for an upturn. Sharekhan expects Ashok Leyland’s EBITDA margin to improve aided by benefits arising from operating leverage and cost-cutting initiatives taken up by the company under ‘Project Reset'
Ashok Leyland share price has strong support at Rs 105; target price pegged at Rs 125-Rs 130, says expert
Thu, Apr 01, 2021
Ashok Leyland share price today is Rs 115, up Rs 1.5 or 1.25%. Ashok Leyland share price is up over 4% in one week from Rs 110 to Rs 115. Sharekhan says that it has revised Ashok Leyland’s volume estimates upwards on expectation that the CV industry is ready for an upturn. Sharekhan expects Ashok Leyland’s EBITDA margin will improve aided by benefits arising from operating leverage and cost-cutting initiatives taken up by the company under ‘Project Reset’
SBI, Ashok Leyland, ACC, IRCTC, Aurobindo Pharma: Technical Analysis for traders in top stocks
Wed, Mar 31, 2021
Ashis Biswas, Head of Technical Research at CapitalVia Global Research has revealed trading strategies in SBI, Ashok Leyland, ACC, IRCTC and Aurobindo Pharma. Ashis has highlighted the reason for the trade and also mentioned the stop-loss in these counters.
Ashok Leyland share price: Fundamentals and Technical details highlighted
Mon, Mar 29, 2021
Sharekhan says Ashok Leyland Q3 FY21 results were below expectations, mainly due to lower than-expected recovery in EBITDA margins. Net revenue grew by 19.9% yoy to Rs 4814 cr in Q3 FY21, led by 7.1% growth in volumes and 11.9% growth in average realisations. Ashok Leyland reported EBITDA margin contraction of 33 bps yoy at 5.3% for the Q3 FY21, which was lower by 233 bps from our expectations. Ashok Leyland share price closed at Rs 114, up Rs 4.25 or 3.9%.
SBI, Yes Bank, Ashok Leyland, ACC, IRCTC Stocks - Strategies for traders
Thu, Mar 25, 2021
SBI, Yes Bank, Ashok Leyland, ACC, IRCTC Stocks: Sumeet Bagadia, Executive Director of Choice Broking recommends buying in SBI, Yes Bank, Ashok Leyland, ACC and IRCTC for market participants. The detailed technical analysis of the 5 stocks is highlighted below for a better understanding of readers.
Ashok Leyland Share Price: Scrappage policy announced! MULTIBAGGER stock in the making? Is it a 'share to buy'?
Fri, Mar 19, 2021
Ashok Leyland Share Price: After announcement of Scrappage Policy by Union Minister Nitian Gadkari, commercial vehicle segment stocks have become highly volatile.