Ashok Leyland, one of India’s leading commercial vehicle manufacturers, has consistently made headlines due to its strong financial growth, innovation in vehicle technology, and expansion into global markets. With its impressive recent performance and strategic initiatives, investors are curious about the future growth potential of Ashok Leyland’s shares. In this blog, we’ll explore Ashok Leyland share price targets for 2024, 2025, 2026, 2030, and 2040, providing a month-by-month breakdown, financial insights, and growth prospects.
Ashok Leyland Share Price History
| Year | 1-Year Return | 5-Year Return | 52-Week High (₹) | 52-Week Low (₹) |
|---|---|---|---|---|
| 2024 (YTD) | +42.8% | +243% | ₹265 | ₹158 |
Ashok Leyland has shown strong historical performance, with a significant return over both one-year and five-year periods.
Ashok Leyland Share Price Target 2024
Ashok Leyland’s share price target for 2024 indicates a promising outlook, driven by strong financials and market growth.
| Month | Min Target (₹) | Max Target (₹) |
|---|---|---|
| November | ₹245 | ₹275 |
| December | ₹270 | ₹318 |
With expected high demand for commercial vehicles, Ashok Leyland’s 2024 targets reflect a continued growth trajectory. The targets for November and December 2024 range between ₹245 to ₹318, underscoring positive market sentiment toward the company.
Ashok Leyland Share Price Target 2025
In 2025, Ashok Leyland’s share price targets continue to reflect positive expectations, with month-by-month breakdowns shown below.
| Month | Min Target (₹) | Max Target (₹) |
|---|---|---|
| January | ₹280 | ₹305 |
| February | ₹285 | ₹310 |
| March | ₹290 | ₹320 |
| April | ₹295 | ₹325 |
| May | ₹300 | ₹330 |
| June | ₹305 | ₹335 |
| July | ₹310 | ₹340 |
| August | ₹315 | ₹350 |
| September | ₹320 | ₹360 |
| October | ₹330 | ₹370 |
| November | ₹335 | ₹380 |
| December | ₹340 | ₹400 |
Analysts suggest that Ashok Leyland’s shares may reach between ₹280 and ₹400 in 2025, driven by market expansion, new product releases, and continued demand for heavy and medium commercial vehicles.
Ashok Leyland Share Price Target 2026
The year 2026 presents ambitious projections for Ashok Leyland’s shares, with a focus on consistent growth and expansion into new markets.
| Month | Min Target (₹) | Max Target (₹) |
|---|---|---|
| January | ₹360 | ₹400 |
| February | ₹365 | ₹405 |
| March | ₹370 | ₹410 |
| April | ₹375 | ₹420 |
| May | ₹380 | ₹430 |
| June | ₹385 | ₹440 |
| July | ₹390 | ₹450 |
| August | ₹400 | ₹460 |
| September | ₹410 | ₹470 |
| October | ₹420 | ₹480 |
| November | ₹430 | ₹490 |
| December | ₹440 | ₹500 |
Ashok Leyland share price targets for 2026 are set between ₹360 and ₹500, with substantial growth expected from its commercial and defense segments, as well as advancements in EV technology.
Ashok Leyland Share Price Target 2030
For 2030, Ashok Leyland is forecasted to witness significant appreciation, supported by its strategic initiatives and sustained growth in the global market.
| Month | Min Target (₹) | Max Target (₹) |
|---|---|---|
| January | ₹500 | ₹600 |
| February | ₹505 | ₹610 |
| March | ₹510 | ₹620 |
| April | ₹515 | ₹630 |
| May | ₹525 | ₹640 |
| June | ₹535 | ₹650 |
| July | ₹550 | ₹660 |
| August | ₹570 | ₹680 |
| September | ₹590 | ₹700 |
| October | ₹600 | ₹720 |
| November | ₹620 | ₹750 |
| December | ₹650 | ₹800 |
Ashok Leyland’s 2030 share price targets, ranging from ₹500 to ₹800, highlight the company’s resilience and growth as a top player in commercial and electric vehicles.
Ashok Leyland Share Price Target 2040
Looking far ahead to 2040, Ashok Leyland’s growth reflects the company’s diversification and global expansion.
| Month | Min Target (₹) | Max Target (₹) |
|---|---|---|
| January | ₹800 | ₹900 |
| February | ₹820 | ₹930 |
| March | ₹850 | ₹960 |
| April | ₹870 | ₹1,000 |
| May | ₹890 | ₹1,050 |
| June | ₹910 | ₹1,100 |
| July | ₹940 | ₹1,150 |
| August | ₹970 | ₹1,200 |
| September | ₹1,000 | ₹1,250 |
| October | ₹1,030 | ₹1,300 |
| November | ₹1,060 | ₹1,350 |
| December | ₹1,100 | ₹1,400 |
The 2040 targets, ranging from ₹800 to ₹1,400, represent an optimistic outlook supported by sustainable innovations and expansions into new markets.
Ashok Leyland’s Business and Financial Overview
Financial Performance (FY 2021-2024)
| Year | Revenue (₹ Crore) | Net Profit (₹ Crore) | Operating Margin (%) | EPS (₹) |
|---|---|---|---|---|
| 2021 | 24,750 | 1,000 | 8.3% | 2.25 |
| 2022 | 29,230 | 1,110 | 9.5% | 2.56 |
| 2023 | 41,000 | 2,696 | 10.5% | 6.32 |
| 2024 | 45,791* | 3,000* | 12.0%* | 7.50* |
Ashok Leyland’s revenue growth and profitability over the past three years reflect its strong performance, with consistent growth in revenue and net profit, along with improved operating margins.
FAQs on Ashok Leyland Share Price Target
Q1: What is Ashok Leyland’s share price target for 2024?
A1: The target ranges from ₹245 to ₹318 for 2024.
Q2: What’s the expected share price for Ashok Leyland in 2025?
A2: The 2025 target ranges between ₹280 and ₹400, varying month-by-month.
Q3: What’s Ashok Leyland’s share price projection for 2026?
A3: The projected range for 2026 is ₹360 to ₹500.
Q4: How much could Ashok Leyland’s share price be by 2030?
A4: By 2030, the share price is expected to be between ₹500 and ₹800.
Q5: What is the share price target for Ashok Leyland in 2040?
A5: Ashok Leyland’s share price target for 2040 ranges from ₹800 to ₹1,400, reflecting long-term growth potential.
Ashok Leyland’s performance and growth potential reflect its standing as a major player in India’s automotive industry. Investors can expect continued growth as the company adapts to evolving market demands, expanding its footprint and focusing on sustainable innovations.
