Is Ashok Leyland good stock?
Is Ashok Leyland Ltd a good quality company? Past 10 year’s financial track record analysis by Moneyworks4me indicates that Ashok Leyland Ltd is a average quality company. 2.
Is Ashok Leyland a good stock for long term?
Investers can buy Ashok Leyland stocks at around Rs 110 for the target of RS 150 in the short -term Time horizon. “However, for the long- term time horizon, Avinash Gorakdhkar said that Ashok Leyland is expected to go up to RS 220 and that means one can buy the counter for almost 100 percent gains.
What is ROE of Ashok Leyland?
At the end of fiscal year 2019, the return on equity of Ashok Leyland was about 24 percent. This was projected to reduce to about 16 percent by fiscal year 2021. The company was the second largest manufacturer of commercial vehicles in India and the fourth largest bus manufacturer worldwide.
What is the PE ratio of Ashok Leyland?
PE (Price/Earnings) Ratio. The Current P/E Ratio of ASHOK LEYLAND is -118.11.
Is Ashok Leyland a multibagger?
Gorakshkar said that Ashok Leyland is one of the Multibagger Stocks in 2021. Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage.
How is Ashok Leyland share Quora?
Coming to your question- Ashok leyland is a good quality stock based on strong fundamentals. For long term perspective it is a very good stock which can give you superior returns compared to its other peers. Always buy stocks in staggered manner which will help you to handle volatility of market.
What is intrinsic value of Ashok Leyland?
Ashok Leyland
| As Of | Intrinsic Value | Market Price |
|---|---|---|
| 31 Dec 2021 | Rs. 30.69 | Rs. 122.45 |
| 18 May 2022 | —- | Rs. 126.40 |
| -1.15 -0.91% |
Is IEX debt free?
Company is virtually debt free. Company has a healthy Interest coverage ratio of 138.14. The Company has been maintaining an effective average operating margins of 78.73% in the last 5 years. The company has an efficient Cash Conversion Cycle of 1.95 days.
Is a negative PE ratio good?
A high P/E typically means a stock’s price is high relative to earnings. A low P/E indicates a stock’s price is low compared to earnings and the company may be losing money. A consistently negative P/E ratio run the risk of bankruptcy.
What does PE ratio tell you?
The price/earnings ratio, also called the P/E ratio, tells investors how much a company is worth. The P/E ratio simply the stock price divided by the company’s earnings per share for a designated period like the past 12 months. The price/earnings ratio conveys how much investors will pay per share for $1 of earnings.
What will be the share price of Ashok Leyland in 2025?
Ashok Leyland Ltd. (500477) Stock Price Prediction, Stock Forecast for next months and years
| Date | Opening price | Closing price |
|---|---|---|
| January 2025 | Open: 187.531 | Close: 190.460 |
| February 2025 | Open: 191.064 | Close: 191.582 |
| March 2025 | Open: 192.090 | Close: 191.635 |
| April 2025 | Open: 191.680 | Close: 194.029 |
What is debt of Ashok Leyland?
“The company brought down its net debt by ₹1,200 crore to ₹3,076 crore. Debt equity has reduced from 0.6 times at the end of June ’20 to 0.5 times as of end of Sept ’20,” said Gopal Mahadevan, wholetime director and CFO, Ashok Leyland. ALL had a net debt of ₹2,000 crore during March 2020.
What is the intrinsic value of Tata Motors?
As of today (2022-07-09), Tata Motors’s Intrinsic Value: Projected FCF is ₹23.32.
Is IEX a multibagger?
In a year this energy trading stock has given multibagger return to the tune of 109%. So, if you could identify the stock here we are referring to Indian Energy Exchange which is precisely the sole listed company in the category. The stock since its closing price on April 5 of Rs.
Who owns IEX?
Founding and first trading Founded in 2012 and started by Brad Katsuyama and Ronan Ryan, it opened for trading on October 25, 2013. The company’s offices are located at 3 World Trade Center in New York City.
What is a bad PE?
A negative P/E ratio means the company has negative earnings or is losing money. Even the most established companies experience down periods, which may be due to environmental factors that are out of the company’s control.