ASHOK LEYLAND: A Buy Candidate Chart explains itself, stock is breaking out from small cosolidation.
8.10INR
12.41 BINR
416.21 BINR
1.76 B
About ASHOK LEYLAND LTD.
Sector
CEO
Shenu Agarwal
Website
Headquarters
Chennai
Employees (FY)
27.71 K
Founded
1948
ISIN
INE208A01029
FIGI
BBG000CNJL62
Ashok Leyland Ltd. engages in the manufacture and sale of commercial, defense vehicles, and power solutions. The company was founded by Raghunandan Saran on September 7, 1948 and is headquartered in Chennai, India.
ASHOKLEY chart looking bullishASHOKLEY cup and handle pattern breakout at lifetime high. Taking support at trendline price action looking bullish. Sustaining above previous lifetime high levels. Looking good for good upside. Disclaimer:- Not any recommendation and shared just as educational purpose. Consult your financial adviso
ASHOKLEY | Mid-Term |ASHOKLEY
CMP:- 179.95
TARGET :- 191/204/227 +
SL:-164
- Ashok Leyland Posts Gains in Fiscal Q3 Profit.
- ASHOKLEY saw a sharp rise in its attributable consolidated net profit to 5.60 billion Indian
rupees in the fiscal third quarter ended Dec. 31, 2023 from 3.19 billion rupees a year ago.
-
Ashok Leyland possible 10% upsideAshok Leyland has formed inverted head & shoulder pattern. 10% upside is possible if breaks above trendline.
Multiyear Breakout In Ashok LeylandMultiyear Breakout
Buy At Cmp 164.25
SL - 133 ( Monthly Closing Basis )
Target - 300
ashok leyland bullish pennant flagashok leyland bullish pennant flag pattern on weekly
6% SALE IS DROPED ON FEB SALE COMPARETIVLY A YEAR AGO
lang term Invester may accumulate at present to utilize 6% down opportunity.
short term trader may take position if the stock crosses the trend line.
NEWS: COMPANY'S SHAREHOLDING IN TVS TRUCKS
ASHOKLEY-LONG setupPlease do your own analysis. Not a recommendation
Reason for long:
1. Price now at resistance turned support level.
2. Price is accumulating orders
3. Fib support of 38%
Potential of high up moves.
ASHOKLEY - Weekly AnalysisIn the Weekly Chart of ASHOKLEY ,
we can see that; After Cup & Handle breakout, it has formed a Decision making candle on Trendline.
It's a third inside candle.
Enter on breaking its High with low as SL.
Pressure from both sidesAshok Leyland -
Price is moving in the channel from months.
Base formed from 2 weeks.
More Dojis, pressure from sellers and buyers.
Both ways possible, so keep strict SL 164.
I am long on this, entered at 170 for target above 190.
Ashok Leyland 170-175 is entry level,7 years breakout after retractement now 173 rs , Target is 299 rs this stock , stoploss is below blueline
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Frequently Asked Questions
The current price of ASHOKLEY is 169.70 INR — it has decreased by 3.69% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange ASHOK LEYLAND LTD. stocks are traded under the ticker ASHOKLEY.
ASHOK LEYLAND LTD. is going to release the next earnings report on May 17, 2024. Keep track of upcoming events with our Earnings Calendar.
ASHOKLEY stock is 4.41% volatile and has beta coefficient of 0.92. Check out the list of the most volatile stocks — is ASHOK LEYLAND LTD. there?
One year price forecast for ASHOK LEYLAND LTD. has a max estimate of 240.00 INR and a min estimate of 120.00 INR.
ASHOKLEY earnings for the last quarter are 1.91 INR whereas the estimation was 1.22 INR which accounts for 56.56% surprise. Estimated earnings for the next quarter are 1.91 INR. See more details about ASHOK LEYLAND LTD. earnings.
ASHOK LEYLAND LTD. revenue for the last quarter amounts to 96.86 B INR despite the estimated figure of 99.76 B INR. In the next quarter revenue is expected to reach 92.00 B INR.
Yes, you can track ASHOK LEYLAND LTD. financials in yearly and quarterly reports right on TradingView.
ASHOKLEY stock has fallen by 3.80% compared to the previous week, the month change is a 3.92% rise, over the last year ASHOK LEYLAND LTD. has showed a 21.21% increase.
ASHOKLEY net income for the last quarter is 5.60 B INR, while the quarter before that showed 5.26 B INR of net income which accounts for 6.50% change. Track more ASHOK LEYLAND LTD. financial stats to get the full picture.
Today ASHOK LEYLAND LTD. has the market capitalization of 517.38 B, it has increased by 0.31% over the last week.
Like other stocks, ASHOKLEY shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade ASHOK LEYLAND LTD. stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 18, 2024, the company has 27.71 K employees. See our rating of the largest employees — is ASHOK LEYLAND LTD. on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So ASHOK LEYLAND LTD. technincal analysis shows the strong sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ASHOK LEYLAND LTD. stock shows the buy signal. See more of ASHOK LEYLAND LTD. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on ASHOK LEYLAND LTD. future price: according to them, ASHOKLEY price has a max estimate of 240.00 INR and a min estimate of 120.00 INR. Read a more detailed ASHOK LEYLAND LTD. forecast: see what analysts think of ASHOK LEYLAND LTD. and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ASHOK LEYLAND LTD. EBITDA is 72.98 B INR, and current EBITDA margin is 13.67%. See more stats in ASHOK LEYLAND LTD. financial statements.