Is it good to invest in Ashok Leyland for long term?
Investers can buy Ashok Leyland stocks at around Rs 110 for the target of RS 150 in the short -term Time horizon. “However, for the long- term time horizon, Avinash Gorakdhkar said that Ashok Leyland is expected to go up to RS 220 and that means one can buy the counter for almost 100 percent gains. pooja answered.
Is Ashok Leyland undervalued?
PB vs Industry: ASHOKLEY is overvalued based on its PB Ratio (4.8x) compared to the IN Machinery industry average (2.1x).
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Does Ashok Leyland give dividend?
Ashok Leyland Ltd. has declared 20 dividends since June 18, 2001. In the past 12 months, Ashok Leyland Ltd. has declared an equity dividend amounting to Rs 0.60 per share.
Is Ashok Leyland an Indian company?
Ashok Leyland is an Indian multinational automotive manufacturer, headquartered in Chennai. It is owned by the Hinduja Group. It was founded in 1948 as Ashok Motors and became Ashok Leyland in the year 1955. In 2019, the company was awarded the AON Best Employers for India award.
Is Ashok Leyland overvalued?
What is Ashok Leyland worth? Ashok Leyland appears to be overvalued by 38\% at the moment, based on my discounted cash flow valuation. The stock is currently priced at ₹135 on the market compared to my intrinsic value of ₹98.22. This is based on its high beta, which is a good indicator for share price volatility.
Is Ashok Leyland debt free company?
You can click the graphic below for the historical numbers, but it shows that as of September 2020 Ashok Leyland had ₹243.3b of debt, an increase on ₹191.7b, over one year. However, it does have ₹27.1b in cash offsetting this, leading to net debt of about ₹216.2b.
Which is the best multibagger stocks for 2021?
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Which stocks can be multibagger in 2025?
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Does Ashok Leyland give bonus?
Corporate actions: Bonus history for Ashok Leyland Ltd. Ashok Leyland Ltd. has given 1 bonus since Aug. 2, 2011. The last Bonus that Ashok Leyland Ltd. anoununced was in the ratio 1:1 with ex-date of Aug.
Is Ashok Leyland large cap?
Ashok Leyland Ltd., incorporated in the year 1948, is a Large Cap company (having a market cap of Rs 36738.12 Crore) operating in Auto sector.
Which country owns Leyland?
Indian
Ashok Leyland is an Indian multinational automotive manufacturer, headquartered in Chennai. It is owned by the Hinduja Group.