Ashok leyland stock price: The shares of commercial vehicle making company Ashok Leyland Limited increased by about 9 percent in the day on Monday, August 18. The share price on BSE went up to Rs 52 weeks fresh high 132.80 rupees. The stock was 8 percent gained at Rs 131.85 when the business shut down. Due to the changes in the GST system, the possibility of tax cuts for the automobile sector increased the purchase in auto shares. CNBC-TV18 has shown from sources that the Central Government has proposed a huge cut in GST rates on early level two-wheelers, small cars and hybrid passenger vehicles.
This step can reduce the burden on middle class houses, as well as promote demand in the automobile sector. Under the change in GST system, now only 2 slabs- 5 percent and 18 percent are ready. It is proposed to abolish the slabs of 12 percent and 28 percent. A special rate of 40 percent can be applied to luxury and sin goods. The new GST system may apply till Diwali this year.
Profit increased by 19 percent in June quarter
Ashok leyland After the June 2025 quarter results, analysts are quite positive about this stock. The company’s April-June 2025 quarter increased consolidated net profit by 19.44 percent to Rs 657.72 crore on an annual basis. The profit was Rs 550.65 crore a year ago. Consolidated revenue from the operations was recorded at Rs 11,708.54 crore, which was Rs 10,696.8 crore in the June 2024 quarter. EBITDA margin increased by 50 basis points on an annual basis.
The company has retained its estimate of mid-singal digit volume growth in both the medium and heavy commercial vehicle and light commercial vehicle markets for FY 2026. The margin is expected to be more than 11.7% of the fiscal year 2025.
What expects brokerage firms from share
Brokerage firm UBS has given a “by” rating with a target price of ₹ 150 per share for the stock. Strong performance is going on in all segments in international markets, expecting speeds up. Goldman Sachs has given a target price of ₹ 140 per share and “by” rating for Ashok Leyland’s stock. Brokerage has raised income estimates per share for FY 2026-2028 by 7%. City has also given this stock a “by” rating with a target price of ₹ 140 per share. Brokerage said that despite the current demand in the industry, outlook is positive. Jeffers has given a “hold” rating for the share with a target price of ₹ 120 per share. Jefferies believes that until the demand for trucks improves, there is no possibility of much growth in the stock.
Out of the 43 analysts giving coverage on Ashok Leyland shares, 34 have given it a “by” rating. 6 has given it a “hold” rating and three “SAIL” rating. The company’s market cap has crossed Rs 77400 crore. Promoters had 51.52 percent stake in the company as of 17 July 2025. The face value of the stock is Rs 1.
Disclaimer: Advice or idea experts/brokerage firms given on Moneycontrol.com have their own personal views. The website or management is not responsible for this. Moneycontrol advises to users that always seek the advice of certified experts before taking any investment decision.