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Ashok Leyland Q1FY25 Financial Update by Rasmi Ranjan is a document available to read on EtoBox.

Ashok Leyland reported Q1FY25 revenues of Rs. 85.99bn, a 5% increase YoY but a 24% decrease QoQ, driven by a 22% decline in volume. The management anticipates a recovery in the commercial vehicle (CV) industry, with expectations of improved margins and significant growth opportunities in the light commercial vehicle (LCV) segment. The target price for the stock is set at Rs. 285, maintaining a

Author

Rasmi Ranjan

Language

EN