Buy Ashok Leyland, target price Rs 255: Motilal Oswal Financial Services
buy call on Ashok Leyland with a target price of Rs 255. The current market price of Ashok Leyland is Rs 232.9. Ashok Leyland, incorporated in 1948, is a Large Cap company with a market cap of Rs 68298.36 crore, operating in the Auto sector.
Ashok Leyland's 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-2024.
Financials For the quarter ended 30-09-2024, the company has reported a Consolidated Total Income of Rs 11261.84 crore, up 4.72% from last quarter Total Income of Rs 10754.43 crore and down -1.76 % from last year same quarter Total Income of Rs 11463.03 crore. The company has reported net profit after tax of Rs 755.21 crore in the latest quarter.
The company?s top management includes Mr.Dheeraj G Hinduja, Mr.Shenu Agarwal, Mr.Shom Ashok Hinduja, Dr.Andreas H Biagosch, Mr.Jean Brunol, Ms.Sanjay K Asher, Mr.Manisha Girotra, Mr.Gopal Mahadevan, Mr.Jose Maria Alapont, Mr.Saugata Gupta, Dr.C Bhaktavatsala Rao, Dr.V Sumantran, Mr.Dheeraj G Hinduja, Mr.Thomas Dauner, Mr.Shenu Agarwal, Mr.Shom Ashok Hinduja, Dr.Andreas H Biagosch, Mr.Jean Brunol, Ms.Sanjay K Asher, Mr.Manisha Girotra, Mr.Gopal Mahadevan, Mr.Jose Maria Alapont, Mr.Saugata Gupta, Dr.C Bhaktavatsala Rao, Dr.V Sumantran, Mr.Thomas Dauner. Company has Price Waterhouse & Co Chartered Accountants LLP as its auditors. As on 30-09-2024, the company has a total of 294 Crore shares outstanding.
S
