Buy Ashok Leyland, target price Rs 168.8 : ICICI Direct
Ashok Leyland with a target price of Rs 168.8. The current market price of Ashok Leyland is Rs 168.7.
ICICI Direct recommended to keep stop loss at Rs 164.9. The time period for the said call is intraday.
Ashok Leyland, incorporated in the year 1948, is a Large Cap company (having a market cap of Rs 49517.79 Crore) operating in Auto sector. Ashok Leyland key Products/Revenue Segments include Commercial Vehicles, Spare Parts & Others, Sale of services, Engine & Gensets, Ferrous Castings, Scrap, Export Incentives, Other Operating Revenue for the year ending 31-Mar-2022.Financials For the quarter ended 31-03-2023, the company has reported a Consolidated Total Income of Rs 13233.16 Crore, up 26.87 % from last quarter Total Income of Rs 10430.39 Crore and up 32.89 % from last year same quarter Total Income of Rs 9957.95 Crore.
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