Friends, today we are going to talk about Ashok Leyland share price target 2024, 2025, 2026, 2030, what is the performance of this auto sector company. Along with the growth in the entire auto sector, Ashok Leyland has also shown good growth in the share price from its low levels in a very short span of time.
A lot of long-term investors are looking forward to seeing the performance of this stock. Therefore, today we will look at the future prospects of Ashok Leyland so that we can know how the company’s share price can be seen showing its performance in the coming time.
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Ashok Leyland Share Price Target 2024
Due to the gradual recovery of the environment after the epidemic, along with increasing demand in the auto sector, commercial vehicles were also showing good growth in sales. Ashok Leyland seems to be taking full advantage of this growth as it has a good market share in the commercial vehicle segment.
With the development and improvement in the economic condition of the people in every rural area, the demand for commercial vehicles is also increasing, the benefit of which will be seen taking advantage of the rest of the company as well as Ashok Leyland in the coming days.
If seen in a short time, Ashok Leyland share price target is going to show you the first target of Rs 172 due to increasing sales till 2024. As soon as this target becomes interested, you can soon see another target of Rs 185.
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Ashok Leyland Share Price Target 2025
Ashok Leyland is India’s second largest commercial vehicle manufacturer as well as the world’s fourth largest bus manufacturing company. The strength of Ashok Leyland’s business is known from this fact, the company’s presence is seen in about 50 countries, where more than 9 manufacturing plants are seen all over the world.
Due to the good market share of the company in most of the commercial vehicle segments, in the coming days also a lot of opportunities are seen near Ashok Leyland. Ashok Leyland seems to meet the needs of the vehicle in the Indian defense sector quite well.
Looking at the good market share of Ashok Leyland, the share price target can be seen showing you Rs 220 till the year 2024. After that you can consider holding another target for Rs 240.
Ashok Leyland Share Price Target 2028
The future belongs to Electric Vehicles and Ashok Leyland is also seen making huge investments in research and development on this keeping this in mind. Recently, Ashok Leyland was also seen launching India’s first electric bus in the market due to the strong R&D of the company.
Looking at the company’s ever-increasing success and new innovations, there is every hope of showing good growth in the business. Management’s plan is to bring Flash Charge in the electric bus with new innovations in the coming years, the management is in full swing. As the company will be seen making progress in its electric vehicle segment, you are going to see the same growth in the share price as well.
Looking at this growth of the company, Ashok Leyland share price target is expected to show you the first target of Rs 350 while giving good returns in 2028. And then you can stop for the second target to be Rs 375 interest.
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Ashok Leyland Share Price Target 2030
As you look at the business of Ashok Leyland for a long time, with the growth of the Indian economy, the company’s business is also expected to grow. Because Ashok Leyland is mostly dependent on commercial vehicles which are used for business and construction related works.
India is a developing country, due to which the demand for commercial vehicles is expected to increase gradually in the long run.
Looking at this huge potential of Ashok Leyland share price target 2030 in the long run, you get to see the possibility of trading around Rs.800 with tremendous returns.
Ashok Leyland Share Price Target 2024, 2025, 2026, and 2030
| Year | Ashok Leyland share price target |
| 2024 Target 1 | Rs 172 |
| Target 2 | Rs 185 |
| 2025 Target 1 | Rs 220 |
| Target 2 | Rs 240 |
| 2028 Target 1 | Rs 350 |
| Target 2 | Rs 375 |
| 2030 Target | Rs 800 |
The future of Ashok Leyland share
If seen from the point of view of the future, Ashok Leyland has been taking its business forward very strongly for a long time. The management of the company has good long-term experience, due to which there is every hope of showing good growth in future.
Ashok Leyland has seen good new innovations from time to time, if Ashok Leyland continues to increase the focus on innovation in the same way in future, then the business is also going to show growth accordingly.
Risk of Ashok Leyland share
If we see the biggest risk in the business of Ashok Leyland, then his rival company Tata Motors seems to be steadily increasing its market share, if the management does not take good decisions at the right time, then gradually Ashok Leyland’s business can be seen showing effect. Huh.
If we look at the second risk, the company is seen taking a good amount of debt to strengthen its electric vehicle segment, due to which the company may get a little difficult due to the increase in the amount of interest in the long run.
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My Opinion
The commercial vehicle business is a cyclical business, due to which you will see both a lot of slowdown and boom in this segment in the long run. Although there are many opportunities in the company’s business, its risk should not be ignored at all.
So 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 before taking any investment decision, do not forget to take the help of your financial advisor once.
