Ashok Leyland Share Price Target: Friends, today we will talk about Ashok Leyland Share Price Target 2024, 2025, 2026, 2027, 2030 and in which direction the performance of the company related to the auto sector has the potential to go in the coming time. Along with the growth in the entire auto sector, Ashok Leyland has also shown good growth in its share price from its low level in a very short period of time, due to which many long-term investors are keeping a lot of expectations looking at the performance of this stock. Are visible.
Today, along with analyzing the complete details of Ashok Leyland’s business, we will also look at the future opportunities of the company’s business, which will give us some idea of how much Ashok Leyland’s Share Price Target has the power to reach in the coming time. Let us analyze in detail:-
Ashok Leyland Company Overview
Ashok Leyland is a vehicle manufacturing company that was established in 1948 by Ashok Motors. It has been manufacturing heavy vehicles of different varieties continuously for almost 60 years.
If I talk about India then Ashok Leyland is now the second largest commercial vehicle manufacturer in India. Its product list includes a wide range of medium and heavy commercial vehicles. This is not limited to India only, rather Ashok Leyland has a presence in about 50 countries. In which African countries like Egypt, Ghana, South Africa, and Nigeria are prominent.
If I talk about global production volume then Ashok Leyland’s position is the 16th largest truck manufacturer. Due to the immense durability and reliability of their trucks, the Indian Army depends heavily on their logistics.
For the body parts manufactured by Ashok Leyland, there are different manufacturing plants located all over the country. Due to the good quality of its products, Ashok Leyland has set an example for others as an established and preferred brand in the commercial vehicle segment.
Ashok Leyland – is the second largest commercial vehicle manufacturer in India, the fourth largest manufacturer of buses and the 14th largest manufacturer of trucks in the entire world.
About Ashok Leyland
Ashok Leyland manufactures many heavy vehicles which include commercial vehicles like trucks, tractors, tippers, and mini-trucks. If we talk about its most popular models, it includes Ashok Leyland DOST, Ashok Leyland 3718 IL, and Ashok Leyland 3118 IL, etc. These models have taken the brand image of Ashok Leyland to a whole new level. The company has started migrating its machines to BS-IV standards since 2010 and has successfully implemented this technology in almost all the range of vehicles.
History of Ashok Leyland
Ashok Motors was started in 1948 by Raghunandan Saran. After independence, India’s first Prime Minister Nehru Ji had asked him to invest in modern industrial ventures.
When Ashok Motors was started, the company used to manufacture Austin cars from England. The name of the company is based on the founder’s son Ashok Saran. The headquarters of this company was in Rajaji Salai, Chennai along with its plant in Ennore.
Ashok Leyland Share Price Target Tomorrow
| Date | Price | Min Price | Max Price |
|---|---|---|---|
| 2024-03-18 | 163.886 | 161.629 | 166.477 |
| 2024-03-19 | 163.954 | 161.615 | 166.453 |
| 2024-03-20 | 160.218 | 157.997 | 162.668 |
| 2024-03-21 | 161.782 | 159.310 | 163.974 |
| 2024-03-22 | 162.472 | 159.941 | 164.768 |
| 2024-03-25 | 161.668 | 159.166 | 164.088 |
| 2024-03-26 | 161.736 | 159.197 | 164.425 |
| 2024-03-27 | 158.000 | 155.655 | 160.354 |
| 2024-03-28 | 159.563 | 157.237 | 162.259 |
Ashok Leyland Share Price Target 2024, 2025, 2026, 2027, 2030 – Long term
| Year | Initial Target | Mid-Year Target | Year-End Target |
|---|---|---|---|
| 2024 | ₹181.84 | ₹204.63 | ₹204.62 |
| 2025 | ₹217.46 | ₹216.19 | ₹216.12 |
| 2026 | ₹233.66 | ₹232.34 | ₹232.39 |
| 2027 | ₹250.67 | ₹249.38 | ₹249.39 |
| 2028 | ₹268.53 | ₹267.15 | ₹267.12 |
| 2029 | ₹287.25 | ₹285.98 | ₹285.97 |
| 2030 | ₹306.96 | ₹305.67 | ₹305.66 |
Ashok Leyland Share Price Target 2024
Ashok Leyland is India’s second-largest commercial vehicle manufacturing company and is also the world’s fourth-largest bus manufacturing company. With the gradual increase in demand in the auto sector, good growth in sales is also being seen in the commercial vehicle segment, Ashok Leyland seems to be taking advantage of this growth due to good market share in the commercial vehicle segment. Have been.
According to the management, there is full hope that the demand for commercial vehicles will remain intact with even better growth in the market in the coming time. With the development in rural areas and the gradual improvement in the economic condition of the people, good demand for commercial vehicles can be seen to remain intact, the benefits of which will definitely be seen for Ashok Leyland, which is working strongly in this segment.
With the increase in demand for commercial vehicles in the market, if we look at the Ashok Leyland Share Price Target 2024, there is full hope of seeing the first target of Rs 181 along with showing excellent growth. After that, you may soon see another target of Rs 204.
Ashok Leyland Share Price Target 2024 Table
| Month | Target |
|---|---|
| January 2024 target for ASHOKLEY | ₹181.84 |
| February 2024 target for ASHOKLEY | ₹184.45 |
| March 2024 target for ASHOKLEY | ₹181.83 |
| April 2024 target for ASHOKLEY | ₹180.53 |
| May 2024 target for ASHOKLEY | ₹189.62 |
| June 2024 target for ASHOKLEY | ₹204.63 |
| July 2024 target for ASHOKLEY | ₹204.63 |
| August 2024 target for ASHOKLEY | ₹204.63 |
| September 2024 target for ASHOKLEY | ₹204.64 |
| October 2024 target for ASHOKLEY | ₹204.63 |
| November 2024 target for ASHOKLEY | ₹204.64 |
| December 2024 target for ASHOKLEY | ₹204.62 |
Ashok Leyland Share Price Target 2025
The strength of Ashok Leyland’s business is evident from the fact that the company’s business presence can be seen in about 50 countries along with India. If seen, the company has been successful in expanding its business presence rapidly within SAARC and GCC countries in the last few years, where the sales of the company are seen increasing at a good pace every year.
Within the coming few years, the management has a complete plan to establish a stronghold of its business in the markets of different countries around the world, for this the company is seen continuously working on the complete plan of setting up its manufacturing units at different locations across the world. It can be expected that the company will definitely see benefits in expanding its market.
As the market shares of the company will increase across the world, if you look at the Ashok Leyland Share Price Target 2025, you can definitely see the first target showing Rs 217 along with earning very good returns. After gaining interest in this target, you can fully expect the second target to be shown at Rs 216.
Ashok Leyland Share Price Target 2025 Table
| Month | Target |
|---|---|
| January 2025 target for ASHOKLEY | ₹217.46 |
| February 2025 target for ASHOKLEY | ₹220.06 |
| March 2025 target for ASHOKLEY | ₹217.46 |
| April 2025 target for ASHOKLEY | ₹216.17 |
| May 2025 target for ASHOKLEY | ₹216.2 |
| June 2025 target for ASHOKLEY | ₹216.19 |
| July 2025 target for ASHOKLEY | ₹216.17 |
| August 2025 target for ASHOKLEY | ₹216.19 |
| September 2025 target for ASHOKLEY | ₹216.17 |
| October 2025 target for ASHOKLEY | ₹216.16 |
| November 2025 target for ASHOKLEY | ₹216.14 |
| December 2025 target for ASHOKLEY | ₹216.12 |
Ashok Leyland Share Price Target 2026
The future is going to be of electric vehicles, keeping this opportunity in mind, Ashok Leyland is also seen increasing its focus on this segment. For the last few years, the company has been seen investing heavily in Research & Development to improve its electric vehicle segment and is also continuously increasing its investment amount every year.
Ashok Leyland has recently seen the results of its strong R&D and the company was also seen launching India’s first electric bus in the market. Along with this, the company is also continuously working on new product innovations for electric vehicles, due to which it can be expected that in the coming time, the company will definitely be seen making a stronghold in the electric vehicle segment.
As Ashok Leyland continues to strengthen its hold in the electric vehicle segment, if we look at it till 2026, we will definitely see the first target of Rs 233 while giving you excellent returns. And then you can think of holding the second target for Rs 232.
Ashok Leyland Share Price Target 2026 Table
| Month | Target |
|---|---|
| January 2026 target for ASHOKLEY | ₹233.66 |
| February 2026 target for ASHOKLEY | ₹236.26 |
| March 2026 target for ASHOKLEY | ₹233.64 |
| April 2026 target for ASHOKLEY | ₹232.32 |
| May 2026 target for ASHOKLEY | ₹232.33 |
| June 2026 target for ASHOKLEY | ₹232.34 |
| July 2026 target for ASHOKLEY | ₹232.35 |
| August 2026 target for ASHOKLEY | ₹232.34 |
| September 2026 target for ASHOKLEY | ₹232.35 |
| October 2026 target for ASHOKLEY | ₹232.37 |
| November 2026 target for ASHOKLEY | ₹232.37 |
| December 2026 target for ASHOKLEY | ₹232.39 |
Ashok Leyland Share Price Target 2027
To maintain the growth of its business, Ashok Leyland is continuously seen working under the ecosystem in its business with the help of its subsidiary company. Along with this, the company is also seen working jointly with many companies related to its sector, this helps the company a lot in staying updated with better technology in its business.
In the coming time also, Ashok Leyland is seen making complete plans to work under joint ventures with many different companies related to the auto sector. As Ashok Leyland continues to work together stronger with its other companies, we will definitely see a big jump in the pace of business growth of the company in the coming time.
As the business of the company gets stronger, if you look at the Ashok Leyland Share Price Target till 2027, you will definitely see the first target of Rs 250 showing to you along with earning very good returns. After achieving this target, you will definitely see the second target around Rs 249.
Ashok Leyland Share Price Target 2027 Table
| Month | Target |
|---|---|
| January 2027 target for ASHOKLEY | ₹250.67 |
| February 2027 target for ASHOKLEY | ₹253.28 |
| March 2027 target for ASHOKLEY | ₹250.69 |
| April 2027 target for ASHOKLEY | ₹249.42 |
| May 2027 target for ASHOKLEY | ₹249.4 |
| June 2027 target for ASHOKLEY | ₹249.38 |
| July 2027 target for ASHOKLEY | ₹249.39 |
| August 2027 target for ASHOKLEY | ₹249.36 |
| September 2027 target for ASHOKLEY | ₹249.35 |
| October 2027 target for ASHOKLEY | ₹249.36 |
| November 2027 target for ASHOKLEY | ₹249.37 |
| December 2027 target for ASHOKLEY | ₹249.39 |
Ashok Leyland Share Price Target 2028
| Month | Target |
|---|---|
| January 2028 target for ASHOKLEY | ₹268.53 |
| February 2028 target for ASHOKLEY | ₹271.11 |
| March 2028 target for ASHOKLEY | ₹268.49 |
| April 2028 target for ASHOKLEY | ₹267.17 |
| May 2028 target for ASHOKLEY | ₹267.18 |
| June 2028 target for ASHOKLEY | ₹267.15 |
| July 2028 target for ASHOKLEY | ₹267.14 |
| August 2028 target for ASHOKLEY | ₹267.13 |
| September 2028 target for ASHOKLEY | ₹267.13 |
| October 2028 target for ASHOKLEY | ₹267.11 |
| November 2028 target for ASHOKLEY | ₹267.11 |
| December 2028 target for ASHOKLEY | ₹267.12 |
Ashok Leyland Share Price Target 2029
| Month | Target |
|---|---|
| January 2029 target for ASHOKLEY | ₹287.25 |
| February 2029 target for ASHOKLEY | ₹289.85 |
| March 2029 target for ASHOKLEY | ₹287.27 |
| April 2029 target for ASHOKLEY | ₹285.95 |
| May 2029 target for ASHOKLEY | ₹285.97 |
| June 2029 target for ASHOKLEY | ₹285.98 |
| July 2029 target for ASHOKLEY | ₹285.97 |
| August 2029 target for ASHOKLEY | ₹285.95 |
| September 2029 target for ASHOKLEY | ₹285.98 |
| October 2029 target for ASHOKLEY | ₹285.99 |
| November 2029 target for ASHOKLEY | ₹285.97 |
| December 2029 target for ASHOKLEY | ₹285.97 |
Ashok Leyland Share Price Target 2030
As you look at the business of Ashok Leyland for a long time, with the growth of India’s economy, there is great hope for the company’s business to grow, because the business of Ashok Leyland is mostly dependent on commercial vehicles which are used in business and construction related purposes. It is used for work, which its use is going to increase with the growth of the economy and the company’s business will definitely see its benefits.
Along with this, the government is also seen making every effort to promote domestic manufacturing companies, due to which Ashok Leyland seems to be successful in giving strong competition to the big companies outside and in the future. I will definitely see the company’s business benefiting from this.
Looking at the opportunity to grow the business in the long run, there is every possibility of the share price trading around Rs 650 along with earning huge returns to the shareholders by Ashok Leyland Share Price Target 2030.
Ashok Leyland Share Price Target 2030 Table
| Month | Target |
|---|---|
| January 2030 target for ASHOKLEY | ₹306.96 |
| February 2030 target for ASHOKLEY | ₹309.58 |
| March 2030 target for ASHOKLEY | ₹307 |
| April 2030 target for ASHOKLEY | ₹305.69 |
| May 2030 target for ASHOKLEY | ₹305.66 |
| June 2030 target for ASHOKLEY | ₹305.67 |
| July 2030 target for ASHOKLEY | ₹305.7 |
| August 2030 target for ASHOKLEY | ₹305.71 |
| September 2030 target for ASHOKLEY | ₹305.68 |
| October 2030 target for ASHOKLEY | ₹305.7 |
| November 2030 target for ASHOKLEY | ₹305.68 |
| December 2030 target for ASHOKLEY | ₹305.66 |
Future of Ashok Leyland Share
Looking at the future, Ashok Leyland is taking its business forward in a very strong manner in the long run. The management of the company has very good long-term experience in the auto sector, with the help of which the company has every hope of showing good growth in the future.
Along with this, Ashok Leyland has been seen doing good new innovations in its business segment from time to time, if the company will be seen doing new innovations in the electric vehicle business segment in the future also, accordingly, you will see growth in the company’s business. Is going to get.
Risk of Ashok Leyland Share
If we look at the biggest risk in the business of Ashok Leyland, then its competitor company Tata Motors is seen continuously increasing its market share strongly, if the management of the company is not seen making good decisions at the right time to increase the growth of its business. So gradually its impact will definitely be seen on the business of Ashok Leyland.
If we look at the second risk, the company seems to be continuously taking a good amount of loans to strengthen its electric vehicle segment, due to which the company may face some problems in the long run due to the increasing interest burden.
My opinion:-
The entire business of the auto sector is a cyclical business, due to which in the long run you will see both recession and boom in this segment. Although there are many opportunities in the company’s business, its risks should not be ignored at all.
Therefore, if you are planning to invest then you can wait for a while, when the company is seen improving its performance then you can think of investing. But remember, before making any investment decision, do not forget to take the help of your financial advisor.
Ashok Leyland Share Price Target F.A.Q.
How will Ashok Leyland Share be in the future?
Way Ashok Leyland is seen working on new opportunities in the business to expand its business, due to this, the company has full potential to show good performance in the share price in the future.
Does Ashok Leyland Share pay a dividend?
The company pays dividends but since 2019, it pays dividends to its shareholders in very small amounts.
Which group is the owner of Ashok Leyland company?
Ashok Leyland is owned by Hinduja Group.
Conclusion
I hope that after reading the article Ashok Leyland Share Price Target 2024, 2025, 2026, 2027, 2030, you will have an idea of how the company can perform in the future. If you still have any more questions related to this article then please ask in the comments. For detailed information about such stocks related to the share market, you can also read our other articles.