Current price is more than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

The industry has been recovering from a slowdown in demand

Ashok Leyland Q3 net zooms 56%: Street sees around 20% upside in stock

Since 2022, Reliance with its vehicle partner Ashok Leyland and other technical partners are engaged in developing this unique technology.

IEW 2023: Reliance showcases hydrogen-run truck manufactured by Ashok Leyland

The trucks which can reduce both noise and costs, along with air pollution, are as good as diesel-powered vehicles when it comes to performance.

Mukesh Ambani’s Reliance Industries launches India’s first hydrogen ICE truck with Ashok Leyland

RIL and Ashok Leyland, the Indian flagship company of the Hinduja Group and Indias leading commercial vehicle manufacturer, were working on developing this technology over the past year.

RIL, Ashok Leyland unveil India’s first hydrogen-powered truck

KPIT Tech, on the weekly chart, has decisively broken out above the ‘Cup and Handle’ pattern, which is accompanied with an increase in volume confirming participation at breakout level.

KPIT Tech, Chola Finance, Ashok Leyland, Supreme Ind: Axis Securities see up to 18% rise in these 4 stocks

Flagged off by PM Modi at India Energy Week, the vehicle was developed over the past one year and has been under test since August 2022

RIL, Ashok Leyland unveil first hydrogen combustion-driven heavy-duty truck

LKP Research is bullish on Ashok Leyland has recommended buy rating on the stock with a target price of Rs 186 in its research report dated February 03, 2023.

Buy Ashok Leyland; target of Rs 186: LKP Research

Emkay Global Financial is bullish on Ashok Leyland has recommended buy rating on the stock with a target price of Rs 183 in its research report dated February 02, 2023.

Buy Ashok Leyland; target of Rs 183 : Emkay Global Financial

Prabhudas Lilladher recommended buy rating on Ashok Leyland with a target price of Rs 200 in its research report dated February 02, 2023.

Buy Ashok Leyland; target of Rs 200: Prabhudas Lilladher

Results Review for Titan, PGCIL, Britannia Industries, Dabur, Ashok Leyland

We have been raising net prices over the last three quarters. We have done that in the month of January as well and we will keep doing that astutely so it is not a question of growth versus profitability, I think the term to be used as growth and profitability, I think both will coexist that is the …

We expect margins to grow further in the fourth quarter: Gopal Mahadevan, Ashok Leyland

Ashok Leyland Limited is a company is engaged in the manufacture of commercial vehicles and related components.

Ashok Leyland Ltd

Ashok Leyland Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Ashok Leyland Q3 net zooms 56%: Street sees around 20% upside in stock

IEW 2023: Reliance showcases hydrogen-run truck manufactured by Ashok Leyland

Mukesh Ambani’s Reliance Industries launches India’s first hydrogen ICE truck with Ashok Leyland

RIL, Ashok Leyland unveil India’s first hydrogen-powered truck

KPIT Tech, Chola Finance, Ashok Leyland, Supreme Ind: Axis Securities see up to 18% rise in these 4 stocks

RIL, Ashok Leyland unveil first hydrogen combustion-driven heavy-duty truck

Buy Ashok Leyland; target of Rs 186: LKP Research

Buy Ashok Leyland; target of Rs 183 : Emkay Global Financial

Buy Ashok Leyland; target of Rs 200: Prabhudas Lilladher

Results Review for Titan, PGCIL, Britannia Industries, Dabur, Ashok Leyland

Ashok Leyland Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Ashok Leyland Q3 net zooms 56%: Street sees around 20% upside in stock

IEW 2023: Reliance showcases hydrogen-run truck manufactured by Ashok Leyland

Mukesh Ambani’s Reliance Industries launches India’s first hydrogen ICE truck with Ashok Leyland

RIL, Ashok Leyland unveil India’s first hydrogen-powered truck

KPIT Tech, Chola Finance, Ashok Leyland, Supreme Ind: Axis Securities see up to 18% rise in these 4 stocks

RIL, Ashok Leyland unveil first hydrogen combustion-driven heavy-duty truck

Buy Ashok Leyland; target of Rs 186: LKP Research

Buy Ashok Leyland; target of Rs 183 : Emkay Global Financial

Buy Ashok Leyland; target of Rs 200: Prabhudas Lilladher

Results Review for Titan, PGCIL, Britannia Industries, Dabur, Ashok Leyland

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock