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1 Comment
Ashok Leyland Limited is currently in a long term uptrend where the price is trading 13.0% above its 200 day moving average.
From a valuation standpoint, the stock is 99.5% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 2.5.
Ashok Leyland Limited's total revenue rose by 14.7% to $60B since the same quarter in the previous year.
Its net income has dropped by 46.8% to $142M since the same quarter in the previous year.
Finally, its free cash flow grew by 60.1% to $-8B since the same quarter in the previous year.
Based on the above factors, Ashok Leyland Limited gets an overall score of 4/5.
Exchange | NSE |
---|---|
CurrencyCode | INR |
ISIN | INE208A01029 |
Sector | Industrials |
Industry | Farm & Heavy Construction Machinery |
Market Cap | 677B |
---|---|
PE Ratio | 23.98 |
Beta | 0.45 |
Target Price | 252.1053 |
Dividend Yield | 3.0% |
Ashok Leyland Limited, together with its subsidiaries, manufactures and sells commercial vehicles in India and internationally. The company offers buses; haulage and ICV trucks, as well as tractors and tippers; light commercial vehicles goods carriers and passenger, as well as small commercial vehicles goods carriers; and defense vehicles comprising logistics, high mobility, armored, and specialist vehicles. It also provides power solutions, such as diesel generators, agriculture engines, industrial engines, and marine engines; spare parts; and vehicle and housing financing services. In addition, the company trades in commercial vehicles; and offers manpower supply, air chartering, and IT 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.
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