SHOKLEY Breakout Alert!📈 Stock: ASHOK LEYLAND LTD (ASHOKLEY)
📆 Timeframe: Daily
💥 Pattern: 7-Month Base Breakout
📊 Volume: Rising
🔍 Technical Breakdown:
Price Structure:
The stock has been in a sideways consolidation or base formation for nearly 7 months, ranging approximately between ₹195 and ₹235.
A breakout from t
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9.64 INR
24.84 B INR
457.46 B INR
1.76 B
About ASHOK LEYLAND LTD
Sector
CEO
Shenu Agarwal
Website
Headquarters
Chennai
Founded
1948
ISIN
INE208A01029
FIGI
BBG000CNKP16
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.
Ashok Leyland - Double Bottoms Formation ( Adam & Adam)Ashok Leyland formed a Double Bottoms Formation ( Adam & Adam) on the daily chart.
A double bottom pattern is a classic technical analysis charting formation that represents a major change in trend and a momentum reversal from a prior down move in market trading. In this particular Adam & Adam form
Ashok Leyland Share AnalysisAshok Leyland is one of India's leading commercial vehicle manufacturers and a flagship company of the Hinduja Group. It is headquartered in Chennai, India, and is the second-largest manufacturer of commercial vehicles in the country, the fourth-largest manufacturer of buses in the world, and the 19
Stock Analysis: Ashok Leyland LtdIntroduction:
Ashok Leyland is the flagship Company of the Hinduja group, having a long-standing presence in the domestic medium and heavy commercial vehicle (M&HCV) segment.
Fundamentals:
Market Cap: ₹ 57,741 Cr.;
Stock P/E: 20.7 (Ind. P/E: 18.84); 👎
ROCE: 15.0% 👎; ROE: 28.4% 👍;
PEG Ratio:
Stock Analysis: Ashok Leyland LtdIntroduction:
Ashok Leyland is the flagship Company of the Hinduja group, having a long-standing presence in the domestic medium and heavy commercial vehicle (M&HCV) segment.
Fundamentals:
Market Cap: ₹ 57,741 Cr.;
Stock P/E: 20.7 (Ind. P/E: 18.84); 👎
ROCE: 15.0% 👎; ROE: 28.4% 👍;
PEG Ratio:
A rally to exit!!Ashok Leyland CMP- 200
Fibs- the stock is down to fib support along with trendline support. With RSI too at its previous support, to me this stock should reverse from here.
Elliott- this is a zig zag corrective pattern. The B leg is an expanded flat. The c of B will likely go nearly to highs.
C
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Summarizing what the indicators are suggesting.
Neutral
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Neutral
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Neutral
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Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of ASHOKLEY is 241.92 INR — it has increased by 0.34% in the past 24 hours. Watch ASHOK LEYLAND LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange ASHOK LEYLAND LTD stocks are traded under the ticker ASHOKLEY.
ASHOKLEY stock has risen by 4.60% compared to the previous week, the month change is a 12.89% rise, over the last year ASHOK LEYLAND LTD has showed a 15.81% increase.
We've gathered analysts' opinions on ASHOK LEYLAND LTD future price: according to them, ASHOKLEY price has a max estimate of 295.00 INR and a min estimate of 190.00 INR. Watch ASHOKLEY chart and read a more detailed ASHOK LEYLAND LTD stock forecast: see what analysts think of ASHOK LEYLAND LTD and suggest that you do with its stocks.
ASHOKLEY reached its all-time high on Aug 27, 2024 with the price of 264.65 INR, and its all-time low was 1.38 INR and was reached on Apr 28, 1999. View more price dynamics on ASHOKLEY chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
ASHOKLEY stock is 3.67% volatile and has beta coefficient of 0.99. Track ASHOK LEYLAND LTD stock price on the chart and check out the list of the most volatile stocks — is ASHOK LEYLAND LTD there?
Today ASHOK LEYLAND LTD has the market capitalization of 708.88 B, it has increased by 1.54% over the last week.
Yes, you can track ASHOK LEYLAND LTD financials in yearly and quarterly reports right on TradingView.
ASHOK LEYLAND LTD is going to release the next earnings report on May 23, 2025. Keep track of upcoming events with our Earnings Calendar.
ASHOKLEY earnings for the last quarter are 2.59 INR per share, whereas the estimation was 2.23 INR resulting in a 15.91% surprise. The estimated earnings for the next quarter are 3.83 INR per share. See more details about ASHOK LEYLAND LTD earnings.
ASHOK LEYLAND LTD revenue for the last quarter amounts to 94.79 B INR, despite the estimated figure of 90.99 B INR. In the next quarter, revenue is expected to reach 121.38 B INR.
ASHOKLEY net income for the last quarter is 7.62 B INR, while the quarter before that showed 7.06 B INR of net income which accounts for 7.98% change. Track more ASHOK LEYLAND LTD financial stats to get the full picture.
ASHOK LEYLAND LTD dividend yield was 4.06% in 2023, and payout ratio reached 82.17%. The year before the numbers were 1.87% and 61.62% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of May 20, 2025, the company has 31.77 K employees. See our rating of the largest employees — is ASHOK LEYLAND LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ASHOK LEYLAND LTD EBITDA is 88.47 B INR, and current EBITDA margin is 17.27%. See more stats in ASHOK LEYLAND LTD financial statements.
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.
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 buy rating today, and its 1 week rating is strong buy. 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 strong 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.