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

After the merger, NXTDIGITAL’s shareholding pattern will change on issuance of shares to HFL.

Ashok Leyland announces merger of Hinduja Leyland Finance with NXTDIGITAL

Shareholders of Hinduja Leyland Finance will get 23 shares in NxtDigital for every 10 shares held by them in the company.

Ashok Leyland’s Hinduja Leyland Finance To Merge With NxtDigital; Shares Rise

The appointed date for the merger is April 01, 2022, subject to approvals; and no cash consideration has been involved in the merger

Ashok Leyland board approves merger of Hinduja Leyland Finance into NXTDIGITAL

“Stocks like Bharat Electronics, HAL, etc, continue to remain buys on any dips and there are some private sector companies which benefit due to defence capex like Bharat Forge which has made forays and which could do well. Ashok Leyland, Tata Motors are also trying for some business and they are sma…

7 capital goods and defence stocks which can be bought now: Sandip Sabharwal

Switch Mobility India will own these buses and provide them on rental basis or gross cost contract to Chalo

Ashok Leyland’s Switch Mobility, Chalo join hands to bring out 5,000 electric buses in a ₹8,000-cr deal

About 150 million people travel by bus daily and yet the number of buses deployed are still not enough to meet their everyday commuting needs. These buses will save over 286000 tonnes of Co2 emission which is equivalent to 1.7 million trees capacity to consume Co2 and 86 million litres of fuel.

Ashok Leyland’s EV arm Switch Mobility partners Chalo to deploy 5000 EV buses in three years

Ashok Leyland dealer ties up with Kenya Commercial Bank

Commercial vehicle major Ashok Leyland reported a 111% jump in domestic sales of M&HCV to 7329 units in July 2022 up from 3473 units sold in July 2021. Meanwhile, the LCV segment recorded a 16% growth with 5386 units sold in the previous month as compared to 4656 units sold in the same month last year. The company reported a consolidated profit of Rs 21.94 crore in the June quarter over a consolidated loss of Rs 252.18 crore in the corresponding quarter a year ago. Gopal Mahadevan, CFO and Whole Time Director, Ashok Leyland shares all the details on the quarter gone by. #GopalMahadevan #AshokLeyland #profits 

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CV Industry Has Recovered Smartly; Growth Rate Of 15-18% Achievable?| Gopal Mahadevan, Ashok Leyland

Results Review for ITC, NTPC, Ashok Leyland, The Ramco Cements, Alkyl Amines, CDSL

Ashok Leyland continues to be plagued by the chip shortage, which impacts production of light CVs

Ashok Leyland takes the rough with smooth

Commercial vehicle maker Ashok Leyland on Monday said its total vehicle sales, including exports, jumped 58 per cent year-on-year to 13,625 units in July.

CV maker Ashok Leyland’s sales jump 58% in July to 13,625 units

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 announces merger of Hinduja Leyland Finance with NXTDIGITAL

Ashok Leyland’s Hinduja Leyland Finance To Merge With NxtDigital; Shares Rise

Ashok Leyland board approves merger of Hinduja Leyland Finance into NXTDIGITAL

7 capital goods and defence stocks which can be bought now: Sandip Sabharwal

Ashok Leyland’s Switch Mobility, Chalo join hands to bring out 5,000 electric buses in a ₹8,000-cr deal

Ashok Leyland’s EV arm Switch Mobility partners Chalo to deploy 5000 EV buses in three years

Ashok Leyland dealer ties up with Kenya Commercial Bank

News Video

CV Industry Has Recovered Smartly; Growth Rate Of 15-18% Achievable?| Gopal Mahadevan, Ashok Leyland

Results Review for ITC, NTPC, Ashok Leyland, The Ramco Cements, Alkyl Amines, CDSL

Ashok Leyland takes the rough with smooth

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 announces merger of Hinduja Leyland Finance with NXTDIGITAL

Ashok Leyland’s Hinduja Leyland Finance To Merge With NxtDigital; Shares Rise

Ashok Leyland board approves merger of Hinduja Leyland Finance into NXTDIGITAL

7 capital goods and defence stocks which can be bought now: Sandip Sabharwal

Ashok Leyland’s Switch Mobility, Chalo join hands to bring out 5,000 electric buses in a ₹8,000-cr deal

Ashok Leyland’s EV arm Switch Mobility partners Chalo to deploy 5000 EV buses in three years

Ashok Leyland dealer ties up with Kenya Commercial Bank

News Video

CV Industry Has Recovered Smartly; Growth Rate Of 15-18% Achievable?| Gopal Mahadevan, Ashok Leyland

Results Review for ITC, NTPC, Ashok Leyland, The Ramco Cements, Alkyl Amines, CDSL

Ashok Leyland takes the rough with smooth

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