Ashok Leyland Ltd. (ASHOKLEY) Share Price Rises 3.6% Today

Ashok Leyland Ltd. Share Price rises 3.6% to Rs 164 today, marking a significant gain in the Large Cap category.

Ashok Leyland Ltd. Share Price has risen by 3.6% today, reaching Rs 164. This increase is noteworthy as it places the company among the top gainers in the Large Cap category. With a market capitalisation of Rs 92,865.64 crore, Ashok Leyland Ltd. has demonstrated a robust performance in today's trading session. Investors and analysts are closely watching the stock as it continues to show momentum in the Automobile & Ancillaries sector.

Ashok Leyland Ltd. (ASHOKLEY) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 164
Previous Close	Rs 158.3
Today's Change	+Rs 5.7 (+3.6%)
Day Open	Rs 160
Day High	Rs 164.9
Day Low	Rs 159.1
Current Volume (BSE)	13,78,634
BSE Traded Volume	13,78,634
NSE Traded Volume	1,17,99,710
Combined NSE + BSE Volume	1,31,78,344
Turnover	Rs 22.61 crore
Market Capitalisation	Rs 92,865.64 crore
Market Cap Category	Large Cap

Ashok Leyland Ltd. (ASHOKLEY) traded at Rs 164. versus the previous close of Rs 158.3, a rise of 3.6%. The stock opened at Rs 160, reached Rs 164.9, touched Rs 159.1. Reported volume was 13,78,634.

Ashok Leyland Ltd. (ASHOKLEY) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 92,865.64 crore

Ashok Leyland Ltd. holds a market capitalisation of Rs 92,865.64 crore, positioning it as a significant player in the Automobile & Ancillaries sector. The company's valuation metrics, including P/E and P/B ratios, are crucial for investors to consider.95, and the P/B median is 2.07. These figures offer a context for evaluating Ashok Leyland Ltd.'s valuation relative to its peers. The sector's ROE median is 7.68%, and the ROCE median is 9.75%, providing additional insights into the company's profitability and efficiency. Investors should monitor these metrics to understand the company's financial health and growth potential.

Sector and Industry Context

Metric	Value
Sector	Automobile & Ancillaries
Benchmark Scope	same sector
Benchmark Median P/E	22.95x
Benchmark Average P/E	67.73x
Benchmark P/E Range	3.3x to 3,000.18x
Benchmark Median P/B	2.07x
Benchmark Median ROE	7.68%
Benchmark Median ROCE	9.75%
Company Market Capitalisation	Rs 92,865.64 crore
Benchmark Median Market Cap	Rs 246.85 crore

Ashok Leyland Ltd. (ASHOKLEY) is classified under sector: Automobile & Ancillaries.

Track today's top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.

The Automobile & Ancillaries sector, comprising 166 companies, serves as a benchmark for evaluating Ashok Leyland Ltd.'s performance. The sector's P/E median is 22.95, with a wide range from 3.3 to 3000.18, indicating diverse valuation levels within the sector. The P/B median stands at 2.07, with the sector's ROE and ROCE medians at 7.68% and 9.75%, respectively. Ashok Leyland Ltd.'s market capitalisation of Rs 92,865.64 crore places it well above the sector's median of Rs 246.85 crore, highlighting its substantial market presence. Investors should consider these benchmarks when assessing the company's position within the industry.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
TVS Srichakra Ltd.	TVSSRICHAK	3,029.28	36.34	2.44	9.41	12.33
CARRARO INDIA LIMITED	CARRARO	3,015.97	23.85	5.3	17.69	19.27
Divgi Torqtransfer Systems Ltd.	DIVGIITTS	2,944.52	62.32	4.6	15.05	19.01
Sundaram-Clayton Ltd.	SUNCLAY	2,814.74	10.82	2.2	-3.36	3.46
Automotive Axles Ltd.	AUTOAXLES	2,719.32	16.54	2.47	12.66	16.97

Ashok Leyland Ltd. (ASHOKLEY) has a market capitalisation of Rs 92,865.64 crore. Among the 5 peers shown, 0 have a larger market capitalisation.

In the Automobile & Ancillaries sector, Ashok Leyland Ltd. competes with several notable peers. TVS Srichakra Ltd. has a P/E of 36.34 and a market cap of Rs 3,029.28 crore, while Carraro India Limited has a P/E of 23.85 and a market cap of Rs 3,015.97 crore. Divgi Torqtransfer Systems Ltd. and Sundaram-Clayton Ltd. also present competitive metrics, with P/E ratios of 62.32 and 10.82, respectively. Ashok Leyland Ltd.'s market capitalisation significantly exceeds these peers, underscoring its dominant position in the sector.

Why Investors Are Watching Ashok Leyland Ltd.

Investors are closely monitoring Ashok Leyland Ltd. due to its recent price action and strong market presence.

• Price Action: The share price rose by 3.6% today, reaching Rs 164.
• Technical Position: The stock demonstrated strong upward momentum.
• Fundamental Context: The company's market cap is significantly above the sector median.
• Sector Positioning: Ashok Leyland Ltd. is a key player in the Automobile & Ancillaries sector.

Investors should continue to monitor Ashok Leyland Ltd.'s performance, considering its valuation metrics and sector benchmarks to make informed decisions.

About Ashok Leyland Ltd.

Ashok Leyland Ltd. is a leading player in the Automobile & Ancillaries sector, primarily engaged in the manufacturing of commercial vehicles. The company operates across various segments, including trucks, buses, and engines, catering to a diverse range of industries. With a strong market presence and a focus on innovation, Ashok Leyland Ltd. continues to expand its product offerings and enhance its market position. The company's commitment to quality and customer satisfaction has solidified its reputation as a reliable and trusted brand in the automotive industry.

Track Ashok Leyland Ltd. Share Price on Univest

Use Ashok Leyland Ltd. (ASHOKLEY) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.

Investors can track Ashok Leyland Ltd. Share Price on Univest for real-time updates on share price, technical indicators, fundamental ratios, and market insights. Univest provides comprehensive data, including 52-week levels and shareholding patterns, enabling investors to make informed decisions based on accurate and up-to-date information.

Frequently Asked Questions

What is the current share price of Ashok Leyland Ltd.?

Ans. The current share price of Ashok Leyland Ltd. is Rs 164, reflecting a 3.6% increase from the previous close of Rs 158.3. The stock moved 3.6% during the session. The intraday range extended from Rs 159.1 to Rs 164.9.

How much did Ashok Leyland Ltd. share price rise today?

Ans. Ashok Leyland Ltd. share price rose by 3.6% today, reaching Rs 164, marking a significant gain in the Large Cap category. The stock moved 3.6% during the session. The intraday range extended from Rs 159.1 to Rs 164.9.

How does Ashok Leyland Ltd. compare to its peers?

Ans. Ashok Leyland Ltd. has a larger market capitalisation compared to peers like TVS Srichakra Ltd. and Carraro India Limited, highlighting its dominant position. Comparable listed companies include TVS Srichakra Ltd., CARRARO INDIA LIMITED, Divgi Torqtransfer Systems Ltd.

What is the sector benchmark P/E for Automobile & Ancillaries?

Ans. The sector benchmark P/E median for the Automobile & Ancillaries sector is 22.95, providing a context for evaluating company valuations. The relevant peer median P/E is 22.95x. The peer average P/E is 67.73x.

What is the sector benchmark ROE for Automobile & Ancillaries?

Ans. The sector benchmark ROE median for the Automobile & Ancillaries sector is 7.68%, offering insights into profitability levels. The relevant peer median ROE is 7.68%. The relevant peer median ROCE is 9.75%.

What is the sector benchmark market cap median?

Ans. The sector benchmark market cap median for the Automobile & Ancillaries sector is Rs 246.85 crore, indicating the typical size of companies in the sector. The company operates in the Automobile & Ancillaries sector.