Ashok Leyland (ASHOKLEY) Share Price Falls 2.20% to Rs 171.30
- September 1, 2026
- Posted by: Harsh Piplani
- Category: News
Ashok Leyland Share Price fell to Rs 171.30 on 01 September 2026, down 2.20% for the day. The move took the Large Cap company’s market capitalisation to Rs 1,03,350.47 crore. The stock moved lower from the previous close of Rs 175.15 and touched an intraday low of Rs 170.10.
The supplied data confirms the decline, but it does not establish any company-specific catalyst behind the move. Even so, the stock remains in focus because turnover stood at Rs 6.68 crore, the session tested nearby moving-average levels, and the valuation profile can be compared directly with peers in the Automobiles-Trucks/Lcv industry.
For investors tracking Ashok Leyland Share Price today, the verified trading picture is straightforward: the stock opened at Rs 176.70, which also marked the day’s high, and it stayed below that level through the session. Financially, the company trades at a P/E of 29.6 and a P/B of 6.91, while reporting ROE of 28.19% and ROCE of 14.1%.
Ashok Leyland (ASHOKLEY) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 171.3 |
| Previous Close | Rs 175.15 |
| Today's Move | -Rs 3.85 (-2.2%) |
| Open | Rs 176.7 |
| High | Rs 176.7 |
| Low | Rs 170.1 |
| Turnover | Rs 6.68 crore |
| Market Capitalisation | Rs 1,03,350.47 crore |
| Market Cap Category | Large Cap |
Ashok Leyland Share Price reflects a clear intraday decline. The stock opened at Rs 176.70, slipped to Rs 170.10, and was trading at Rs 171.30 at the time of the article. That leaves it Rs 3.85 below the previous close, or down 2.20% on the day.
The session structure is notable because the opening price also became the day’s high. That means the stock failed to sustain the early level and spent the rest of the session below it. Trading nearer the day’s low than the high usually points to a weaker intraday tone, although the supplied data alone does not explain why the selling pressure emerged.
Turnover of Rs 6.68 crore shows there was enough activity for the move to be noticed, especially since this is a large-cap counter. In practical terms, today’s weakness is relevant not only because of the percentage decline but because it places the stock close to commonly watched technical reference points.
Technical Levels in Focus
The available technical indicators show a mixed setup rather than an extreme one. The RSI is 57.71, which is neither deeply weak nor stretched based on the supplied figure alone. It suggests the stock is still in a middle zone even after today’s decline.
More immediate attention goes to the moving averages. The current price of Rs 171.30 is slightly below the 50 DMA of Rs 171.72 and also below the 200 DMA of Rs 172.89. When a stock trades under both these levels, it can indicate that near-term price action is testing support rather than trading with clear strength.
At the same time, the gaps are small. The stock is only marginally below both averages, so the data does not point to a decisive breakdown by itself. For readers following Ashok Leyland Share Price, these levels matter because they offer a simple way to track whether the stock stabilises around the present zone or continues to trade below these reference marks.
Ashok Leyland (ASHOKLEY) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 1,03,350.47 crore |
| P/E Ratio | 29.6x |
| P/B Ratio | 6.91x |
| ROE | 28.19% |
| ROCE | 14.1% |
| EPS | Rs 5.92 |
| Book Value Per Share | Rs 25.33 |
| Dividend Yield | 2% |
On fundamentals, Ashok Leyland is still a sizeable and profitable business despite today’s weak session. At the current market cap of Rs 1,03,350.47 crore, it trades at 29.6 times earnings and 6.91 times book value.
Profitability data adds nuance. ROE stands at 28.19%, which indicates strong returns on shareholder equity, while ROCE is 14.1%, a materially lower figure that points to more moderate returns on total capital employed. EPS is Rs 5.92, book value per share is Rs 25.33, and dividend yield is 2% as per the supplied data.
These numbers matter because daily price moves can look very different once seen against profitability and valuation. A one-day decline does not change the company’s scale, earnings multiple, book multiple, or return ratios, but it does affect how the market is pricing those metrics at that moment.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Automobile & Ancillaries |
| Industry | Automobiles-Trucks/Lcv |
| Benchmark Scope | same industry |
| Company P/E Ratio | 29.6x |
| Benchmark Median P/E | 41.38x |
| Benchmark Average P/E | 39.14x |
| Benchmark P/E Range | 18.47x to 59.07x |
| Company P/B Ratio | 6.91x |
| Benchmark Median P/B | 8.37x |
| Benchmark Average P/B | 8.91x |
| Company ROE | 28.19% |
| Benchmark Median ROE | 28.19% |
| Benchmark Average ROE | 27.04% |
| Company ROCE | 14.1% |
| Benchmark Median ROCE | 31.21% |
| Benchmark Average ROCE | 27.85% |
| Company Market Capitalisation | Rs 1,03,350.47 crore |
| Benchmark Median Market Cap | Rs 22,867.4 crore |
| Benchmark Average Market Cap | Rs 63,214.42 crore |
The company belongs to the Automobile & Ancillaries sector and the Automobiles-Trucks/Lcv industry. The supplied benchmark covers five companies from the same industry, making the comparison set narrow but directly relevant.
On valuation, the stock sits below the group median and average on both earnings and book value. Its P/E of 29.6 is lower than the median of 41.38 and average of 39.14. Its P/B of 6.91 is also below the median of 8.37 and average of 8.91. That places it below typical peer multiples in this benchmark, though not at the lowest end of the range.
Profitability is less uniform. ROE of 28.19% matches the industry median exactly and is slightly above the benchmark average of 27.04%. But ROCE of 14.1% is well below the median of 31.21% and average of 27.85%. In short, equity returns look competitive, while capital-employed returns lag the peer set.
Scale remains a differentiator. With a market capitalisation of Rs 1,03,350.47 crore, the company is above the industry median of Rs 22,867.4 crore and above the average of Rs 63,214.42 crore, though still below the benchmark maximum of Rs 1,71,687.49 crore.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| TATA MOTORS | TMCV | 1,71,687.49 | 41.38 | 11.38 | 23.85 | 31.55 |
| Force Motors | FORCEMOT | 22,867.4 | 18.47 | 5.25 | 33.53 | 41.93 |
| Olectra Greentech | OLECTRA | 10,789.1 | 59.07 | 8.37 | 14.19 | 20.45 |
| SML Isuzu | SMLMAH | 7,377.65 | 47.17 | 12.66 | 35.42 | 31.21 |
The peer table shows why the valuation discussion is not one-dimensional. Against Tata Motors, the company trades at lower P/E and P/B multiples, has a better ROE, but a lower ROCE. Against Force Motors, it trades at a higher multiple while Force also shows stronger ROE and ROCE. Compared with Olectra Greentech and SML Isuzu, it looks cheaper on valuation, but those companies show different profitability combinations.
In market-cap terms, only Tata Motors is larger within this supplied list. That makes Ashok Leyland one of the biggest names in its immediate peer set, even though its valuation multiples remain below the industry median and average.
Why Investors Are Watching the Stock
- The stock declined 2.20% to Rs 171.30 from the previous close of Rs 175.15.
- It opened at Rs 176.70, which also became the day’s high, and later touched Rs 170.10.
- The current price is slightly below both the 50 DMA of Rs 171.72 and the 200 DMA of Rs 172.89.
- Its P/E and P/B are below the same-industry median values.
- ROE is in line with the peer median, while ROCE is below benchmark levels.
- At more than Rs 1 lakh crore market cap, it remains a major listed name in the truck and LCV segment.
About Ashok Leyland
Ashok Leyland is classified in the Automobiles-Trucks/Lcv industry within the broader Automobile & Ancillaries sector. In the supplied comparison set, it is analysed alongside Tata Motors, Force Motors, Olectra Greentech and SML Isuzu.
This classification matters because it provides context for valuation and return metrics. Investors following Ashok Leyland Share Price can compare today’s decline with how the company is positioned on size, earnings multiple, book-value multiple, ROE and ROCE relative to those peers.
Track the Stock on Univest
Use Ashok Leyland (ASHOKLEY) live share-price page, Univest top decliners screener, and Univest market blogs to review live stock data, top decliners and related market analysis.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why did Ashok Leyland Share Price fall today?
Ans. Ashok Leyland Share Price fell 2.20% to Rs 171.30 from the previous close of Rs 175.15. The supplied data confirms the decline and intraday weakness, but it does not establish a company-specific catalyst behind the move.
How much did the stock decline today?
Ans. The stock declined by Rs 3.85 in absolute terms, equivalent to 2.20% for the day. The previous close was Rs 175.15. The stock moved 2.2% lower during the session. The intraday range extended from Rs 170.1 to Rs 176.7.
How does valuation compare with peers?
Ans. The company trades at a P/E of 29.6 and P/B of 6.91, both below the same-industry median values of 41.38 and 8.37 in the supplied benchmark set. The company trades at a P/E ratio of 29.6x.
Track Ashok Leyland (ASHOKLEY) Share Price on Univest
Use Ashok Leyland (ASHOKLEY) live share-price page,Univest top decliners screener,Univest market blogsto review live stock data, top decliners and related market analysis.
