Ashok Leyland share price: Buy Ashok Leyland, target price Rs 182: ICICI Securities

[ad_1]

has buy call on Ashok Leyland with a target price of Rs 182. The current market price of . is Rs 130.9. 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 38558.15 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 and Other Operating Revenue for the year ending 31-Mar-2021.

Financials

For the quarter ended 31-03-2022, the company reported a Consolidated Total Income of Rs 9957.95 Crore, up 49.16 % from last quarter Total Income of Rs 6675.83 Crore and up 21.78 % from last year same quarter Total Income of Rs 8176.73 Crore. Company reported net profit after tax of Rs 155.26 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 51.54 per cent stake in the company as of 31-Mar-2022, while FIIs owned 13.45 per cent, DIIs 21.94 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.

[ad_2]

Source link

ashok leylandashok leyland ltdAshok Leyland share priceicici securitiesinvestmentmarket newsmarketsniftySensexstock recommendationsstocks to buy
Comments (0)
Add Comment