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ASHOK LEYLAND LTD.89.60 -1.70 (-1.86%)

  • BSE: 500477
  • |
  • NSE: ASHOKLEY
  • |
  • ISIN NO: INE208A01029
  • |
  • INDUSTRY: Commercial Vehicles
Profile

ASHOKLEY

Founder: Raghunandan Saran

Founded: 1948

Headquarters: Dibrugarh

Profile

The Company was engaged in the distribution of Austin A40 passenger cars.

 ... ong>Product includes

  • Buses
  • Trucks
  • Engines
  • Defense & Special Vehicles

Associates Companies

  • Automotive Coaches & Components Ltd (ACCL)
  • Lanka Ashok Leyland
  • Hinduja Foundries
  • IRIZAR–TVs
  • Ashok Leyland Project Services Limited

Milestones

1949:  Austin Car was rolled out

1955: Ashok motors become Ashok Leyland

1966: Introduced full air brakes

1967: The Company launched the first double-decker bus

1969: First-time power steering in commercial vehicles

1970: Specially designed vehicles for the Indian Army

1972: Production target reached to 10,000 a year

1974: Turnover tops Rs 1000 million 

1976: The first bus with unique front entry hit the Indian roads

1978: The First 'Cheetah' was introduced

1979: Introduced multi-axle trucks

1980: B ton Truck Tusker with 125 hp engine was introduced

1982: two Manufacturing facility at Bhandara, and Alwar in March and August.

1990: Technical center at Vellivoyalchavadi (outskirts of Madras)

1992: Won self–certification status for defense supplies

1993: Received ISO 9002 

1995: First driver training facility set upright in the heart of Tamil Nadu

1996: Hosur plant 2 Inaugurated

1997: India's first CNG launched

1997: Stallion all-terrain logistic vehicle was launched for the Indian Army

2001: Received ISO 14001 certification for all manufacturing units

2002: Launched hybrid electric vehicle2003 – Dheeraj Hinduja Elected Vice Chairman of Ashok Leyland Board

2004: 'state–of–the–art' Driver Training Institute at Burari

2005: 'State–of–the–art' Driver Training Institute opens in Delhi

2005: When the Srinagar – Muzzafarabad road route was open for traffic, the first vehicle to cross from the Indian side was a Stag bus, flagged off by Prime Minister Dr. Manmohan Singh and UPA Chairperson, Mrs. Sonia Gandhi.

2006 – Ashok Leyland and Bosch have joined hands with the Indian Institute of Technology Madras (IITM) to set up the Ashok Leyland and Bosch Centre of Excellence in Engineering Design at the IITM campus

2007 – The company unveiled 4921 TT, a 6x4 tractor with a gross vehicle weight of 49 tonnes

2008: A joint venture with John Deere, USA. for the manufacturing and marketing of construction equipment.

2009 – Ashok Leyland and Bank of Baroda signed an MoU wherein Bank of Baroda will fund Ashok Leyland’s end–customers as well as finance its dealers’ inventory

2010: The U truck platform Launched

2011:Ashok Leyland forays in small commercial vehicle segment; launches “DOST” in JV with Nissan Motor.

2013: Launched the STILE, a stylish Multi-Purpose Vehicle (MPV) based on a contemporary, award-winning vehicle platform.

2013: Launched the BOSS, an intermediate commercial vehicle (ICV), that seamlessly combines the strength and ruggedness of a truck with the comfort of a car.

2014: Two new Light Commercial Vehicles (LCV) – 

PARTNER Truck

MITR Bus

 India’s first air-conditioned LCV goods vehicle, and an LCV bus with best in comfort.

2015: LCV Truck–Partner powered by advanced ZD30 Common Rail diesel engine, that ensures superior fuel-efficiency.

2016: Guru and partner launched

2017: Captain Haulage, Dost+ launched

 

Read More
Key Data
  • Market cap 22486.00 CR.
  • Book value 24.75
  • Stock P/E 0
  • Dividend Yield 0.65%
  • ROCE 6.20%
  • ROE 4.22%
  • Sales Growth (3Y) -4.63%
  • Face Value (3Y) 1.00
Trend Analysis
  • Short Term Trend :
    Up
  • Medium Term Trend :
    Up
  • Long Term Trend :
    Up

Are you friends with trend?

There is a saying in stock market, "Trend is your best friend"

It means, a good trader doesn't place his money against the trend. Many new traders lose money because they are trying to catch trend reversals but seasoned traders wait for a clear trend to emerge before taking the trade in the direction of trend.

Day Technicals

What is Opening Range Breakout?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

NR7

What is NR7 trading strategy?

Narrow Range trading strategy or NR7 Trading strategy is a breakout based method which assumes that the price of security trends up or down after a brief consolidation in a narrow range.

Opening Price clues

How to use Opening Price Clues in your trades?

If the stock has same open and high after it has traded for some time, it implies there was a consistent selling pressure that didn't allow the stock to move higher from the opening price. Similarly, if the stock has same open and low price, it implies there was a consistent buying intent that kept the stock price above the opening price.

Day High Low Range
TIME LOWEST HIGHEST
10 AM 91.30 92.10
11 AM 88.10 92.10
12 PM 88.10 92.10
1 PM 88.10 92.10
2 PM 88.10 92.10
3 PM 88.10 92.10
Japanese Candlestick Patterns
Candle Pattern 1 :None
Candle Pattern 2 : None
Candle Pattern 3 :None
Candlestick Price Action
Lower High Lower Low
Pivot Points
Name S4 S3 S2 S1 Pivot Points R1 R2 R3 R4
classic 85.73 87.58 89.43 90.37 91.28 92.22 93.13 94.98 96.83
woodie's 87.28 89.13 89.74 90.98 91.59 92.82 93.44 94.68 96.52
fibonacci - 89.43 90.14 90.58 91.28 91.99 92.43 93.13 -
camarilla 90.28 90.79 90.96 91.13 -- 91.47 91.64 91.81 92.32
Past Performance & Moving Averages
Day’s LOW HIGH RANGE SMA PERFORMANCE Nifty
10 DAY 88.10
97.80
91.46 0.22 % 2.02 %
20 DAY 78.30
97.80
87.48 8.88 % 8.54 %
50 DAY 66.85
97.80
80.55 21.65 % 12.89 %
100 DAY 48.00
97.80
69.74 51.79 % 17.14 %
200 DAY 33.70
97.80
62.33 96.13 % 41.60 %
YTD 33.70
97.80
64.76 13.00 % 7.31 %
52 Week 33.70
97.80
68.75 13.49 % 8.74 %

Why are moving Averages important in technical Analysis?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

Gaps On Day Chart
Unfilled Gap Down On 2018-11-14
114.00 ~ 117.10 RESISTANCE
Industry Growth Rate

In Last 1 Year the industry has grown by 4.79 %

In Last 5 Year the industry has grown by 6.35 %

Peer comparison

Sales

COMPANY NAME 2014 2015 2016 2017 2018 2019
ASHOKLEY 11859.00 15708.00 21260.00 22871.00 29636.00 33197.00
TWL 624.12 761.12 959.17 1713.60 1268.19 1710.78
TATAMOTORS 232834.00 263159.00 273046.00 269693.00 291550.00 301938.00
ESCORTS 6502.00 4113.00 3432.00 4145.00 5059.00 6262.00
BEML 2904.00 2802.00 2975.00 2494.00 3239.00 3474.00
Total 50944.62 57308.62 60334.43 60183.32 66150.44 69316.36

Financial

LAST FISCAL CURRENT GROWTH 10 YEAR CAGR
S.NO. COMPANY NAME MARKET CAP CMP BOOK VALUE EPS STOCK P/E ROE ICR REVENUE NET PROFIT NPM REVENUE NET PROFIT REVENUE NET PROFIT
1 SML ISUZU LIMITED 53477.02 370.00 280.70
2 TATA MOTORS LTD. 56571.79 171.40 66.91 4.19% 301938.00 3.56% 15.59%
3 TITAGARH WAGONS LTD. 34662.45 29.95 71.60 0.50% 1710.78 34.90% 9.57%
4 ASHOK LEYLAND LTD. 26287.69 89.55 25.49 7.08 11.35 7.07 3.25% 33197.00 2079.00 6.26% 12.02% 18.13%
5 GUJARAT APOLLO INDUSTRIES LTD. 18180.88 143.70 200.96 15.12 8.40 1.46 30.00 19.00 63.33%
6 COMMERCIAL ENGINEERS & BODY BUILDERS CO. LTD. 7196.92 8.07 11.02
7 ESCORTS LTD. 16959.68 1383.20 260.15 39.07 21.89 3.89 36.15% 6262.00 479.00 7.65% 23.78% 38.04%
8 BEML LTD. 2922.72 702.15 492.26 15.13 65.23 1.50 3.97% 3474.00 63.00 1.81% 7.26% 2.20%
9 Tata Motors Ltd - DVR 3811.12 74.95 0.00
10 Garden Reach Shipbuilders & Engineers Ltd 1627.91 142.00 92.58
11 V.S.T.TILLERS TRACTORS LTD.-$ 795.96 921.50 682.79
Sales

What is Sales Trend ?

Sales trend is a methodology to understand sales results which helps in understanding the trends of the market over a specific period of time. Sales results are an indicative of the sales patterns followed by the customer over a time period.

Profitability

What is Profit & EPS Trend ?

EPS Trends was initially built in late 2015 when I was just getting into frontend development. Coming from a background in Rails, I was frustrated with how many decisions you had to make early on as a javascript developer.

Net Profit
EPS

What is EBITDA Margin & EBIT Margin ?

Corporate accounting is required to adhere to the standards and practices collectively referred to as the generally accepted accounting principles. EBITDA is an excellent way for corporate accountants to start compiling data, but it should not be considered an absolute result. This is due to the fact that many consider EBITDA more of a broad stroke than a definitive form of accounting practice.

EBITDA Margin
EBIT Margin
NPM
Cash Flow

Why is the Cash Flow Analysis important?

A business needs cash to pay its expenses, to pay bank loans, to pay taxes and to purchase new assets. A cash flow report determines whether a business has enough cash to do exactly this.

Operating Activities
Financing Activities
Investing Activities
Financial Health

What Is Financial Health?

Financial health is a term used to describe the state of one's personal monetary affairs. There are many dimensions to financial health, including the amount of savings you have, how much you’re putting away for retirement, and how much of your income you are spending on fixed or non-discretionary expenses.

Debt to Equity
Piotroski Score
  • 0
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9

What Is the Piotroski Score?

The Piotroski score is a discrete score between 0-9 that reflects nine criteria used to determine the strength of a firm's financial position.

Altman Z Score (Mfg Company)
  • Distress (< 1.81)
  • Caution (>1.81 < 2.99)
  • 5.59
    Safe (3 & above)
Altman Z Score (Non-Mfg Company)
  • Distress ( < 1.23)
  • Caution (>1.23 < 2.6)
  • 3.99
    Safe (2.6 & above)
Valuation

What Is Valuation?

Valuation is the analytical process of determining the current (or projected) worth of an asset or a company. There are many techniques used for doing a valuation. An analyst placing a value on a company looks at the business's management, the composition of its capital structure, the prospect of future earnings, and the market value of its assets, among other metrics.

ASHOKLEY: Future
TRADING SYMBOL OI VOLUME LAST PRICE LOT SIZE EXPIRY DATE
ASHOKLEY20NOVFUT 19287000.00 37764000.00 89.65 9000 2020-11-26
ASHOKLEY20DECFUT 27261000.00 33687000.00 89.95 9000 2020-12-31
ASHOKLEY21JANFUT 639000.00 261000.00 90.00 9000 2021-01-28
ROLLOVER COST: 0.33% (INR 0.30)
ROLLOVER%:59.13%
What is the significance of Rollover data?

Rollover in an important data point and should be analyzed in the expiry week. Rollover involves carry forwarding of ‘futures’ positions from one series (which is nearing expiry date) to the next one.

Rollover percentage actually indicates whether the traders are willing to carry forward their existing. positions (long or short) to the next series or not. Generally, the rollover figures alone will not indicate which direction traders are betting on. You should also check whether absolute open interest is increasing or decreasing over expiries

What is Options Max Pain Theory?

Options Max Pain Theory suggests,

“On option expiration day, the underlying stock price often moves toward a point that brings maximum loss to option buyers.”

Ratio Analysis

The Bank was incorporated in the year 2004 by Rana Kapoor and Late Ashok Kapur, which is a new age private sector bank. And since the inception of the bank has fructified into a “Full-Service Commercial Bank,” it has steadily built Corporate and Institutional Banking, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the whole country.

It is well-equipped to offer a spectrum of products and services to all the corporate and retail customers.

Read More
Bulk Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
ASHOKLEY 2014-04-25 IDL SPECIALITY CHEMICALS LIMITED S 20000000.00 23.84
ASHOKLEY 2014-03-28 HINDUJA AUTOMOTIVE LIMITED P 16623958.00 22.70
ASHOKLEY 2013-10-11 HINDUJA AUTOMOTIVE LIMITED P 26000000.00 16.55
ASHOKLEY 2013-10-11 LOTUS GLOBAL INVESTMENT LIMITED S 26000000.00 16.55
ASHOKLEY 2013-10-10 HINDUJA AUTOMOTIVE LIMITED P 26000000.00 15.80
ASHOKLEY 2013-10-10 LOTUS GLOBAL INVESTMENTS LIMITED S 26000000.00 15.80
ASHOKLEY 2006-05-12 BNP PARIBAS ARBITRAGE P 6401000.00 48.70
ASHOKLEY 2006-05-12 CREDIT INDUSTRIEL D ALSAC S 6401000.00 48.70
ASHOKLEY 2006-01-12 BIRLA SUNLIFE AC BIRLA DI P 1908700.00 31.40
Block Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
ASHOKLEY 2017-06-15 VANECK ICAV-VANECK-EMERGING MARKETS EQUITY UCITS P 762000.00 94.55
ASHOKLEY 2017-06-15 VAN ECK EMERGING MARKETS EQUITY UCITS S 762000.00 94.55
ASHOKLEY 2013-10-14 LOTUS GLOBAL INVESTMENTS LIMITED S 8785517.00 17.05
ASHOKLEY 2013-10-14 HINDUJA AUTOMOTIVE LIMITED P 8785517.00 17.05
ASHOKLEY 2013-10-11 LOTUS GLOBAL INVESTMENT LIMITED S 26000000.00 16.55
ASHOKLEY 2013-10-11 HINDUJA AUTOMOTIVE LIMITED P 26000000.00 16.55
ASHOKLEY 2013-10-10 LOTUS GLOBAL INVESTMENTS LIMITED S 26000000.00 15.80
ASHOKLEY 2013-10-10 HINDUJA AUTOMOTIVE LIMITED P 26000000.00 15.80
Dividend history
Ex Date Amount
2020-03-19 0.50
2019-07-23 3.10
2018-07-09 2.43
2017-07-11 1.56
2016-07-13 0.95
2015-06-17 0.45
2013-07-04 0.60
2012-07-12 1.00
2011-06-29 2.00
2010-07-16 1.50
2009-07-14 1.00
2008-07-16 1.50
2004-06-28 7.50
2001-06-18 4.00
Bonus Data
Company Name Split Date From Value To Value
ASHOK LEYLAND LTD. 2011-08-02 1.00 1.00
Split Data
Company Name Split Date From Value To Value