Skip to main content
ASHOKLEY · Industrials · 2026-08-21

Ashok Leyland Ltd

Stage 1 · wk 2In scan: Breakout WatchMARKET: BULL RISING · 2026-08-21
₹173
-0.46% today
₹1,01,618 Cr · Large cap
About this companyIndustrials· Trucks & Buses
Expand ▾

Ashok Leyland Limited, together with its subsidiaries, engages in the manufacture and sale of commercial vehicles in India and internationally. It offers buses; haulage and ICV trucks, as well as tractors and tippers; light commercial vehicles goods carriers and passenger, as well as small commercial vehicles goods carriers; and defense vehicles comprising logistics, high mobility, armored, and specialist vehicles. The company also provides power solutions, such as diesel generators, agriculture engines, industrial engines, and marine engines; spare parts; and vehicle and housing financing services. In addition, it trades in commercial vehicles; and offers manpower supply, air chartering, and IT services, as well as manufactures forgings and castings. Further, the company operates retail stores; and LeyKart, an e-commerce store for spare parts. The company was incorporated in 1948 and is headquartered in Chennai, India.

Visit company website →
P/E (TTM)
29.1
Forward 22.0
Earnings Growth (YoY)
+6.6%
Revenue +23.6%
Dividend Yield
1.95%
P/B 7.6
vs 52W High
-18.4%
₹121.1 lo₹211.9 hi
18.4% below 52W high — deeper pullback
Stock is basing below old highs. A volume-backed breakout to new highs would be the Stage 2 signal to watch.
Stage Maturity
Week 2
1w13w26w
Week 2 — early base, needs time
How long this stock has been basing. Longer bases can produce stronger breakouts — but don't anticipate, wait for the breakout.
vs 200 DMA
2.1%
200 DMA: ₹169.5 · rising
Stock is testing its 200 DMA as part of the base. Reclaiming and holding above it is a key Stage 2 prerequisite.
Rel Volume
0.26x
vs 50-day avg
Volume in Stage 1 basing is typically quiet. A surge in volume on an upside breakout is the signal to watch.
Trend Health
MA20 trending up · +6.3% vs MA50 +5.2%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
Sector
Industrials
↑ Building
Stage 2%
37.6%
20d Δ
+1.4pp
1M return
+4.5%
3M return
+8.2%
Sector Stage-2 % · last 20 days
Sector has 162 Stage 2 leaders. See Industrials Stage 2 →
Industry
Trucks & Buses
↑ Building
Stage 2%
50.0%
20d Δ
+25.0pp
1M return
+10.7%
3M return
+17.0%
Industry Stage-2 % · last 20 days
Industry has 1 Stage 2 leader. See Trucks & Buses Stage 2 →
Price + Volume Chart
Loading price chart…
Stage Cycle Timeline2023-05-29 → 2026-08-21
S2 17w
S2 23w
S2 43w
2023-05-292026-08-21
S1S2S3S4Setup score (0–10, dashed line at 5)
S1 3w → S2 17w → S3 12w → S2 6w → S3 3w → S4 6w → S1 2w → S2 23w → S3 12w → S2 2w → S1 1w → S4 12w → S1 6w → S2 43w → S3 9w → S4 9w → S1 2w current
Total tracked: 168 weeks across 17 stage runs.
1M
+14.8%
3M
+9.3%
6M
-16.0%
YTD
-1.1%
1Y
+45.5%
Scan Membership
Breakout Watch
Latest: 2025-06-04
4 appearances in last 60 days. First seen: 2024-01-10.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-08-21S1
Wk 2 · Vol x
2026-08-20S1
Wk 2 · Vol x
2026-08-19S1
Wk 2 · Vol x
2026-08-18S1
Wk 2 · Vol x
2026-08-17S1
Wk 2 · Vol x
2026-08-14S1
Wk 1 · Vol x
2026-08-13S1
Wk 1 · Vol x
2026-08-12S1
Wk 1 · Vol x
2026-08-11S1
Wk 1 · Vol x
2026-08-10S14→1
Wk 1 · Vol x
2026-08-07S4
Wk 9 · Vol x
2026-08-06S4
Wk 9 · Vol x
Sector Peers — Stage 2All →
MARINE
wk 13 · -0.3% from hi
9.8
RATNAVEER
wk 14 · -0.8% from hi
9.8
UNIVCABLES
wk 14 · -8.7% from hi
9.4
TIIL
wk 13 · 0.0% from hi
9.3
RKFORGE
wk 3 · -2.4% from hi
9.2
Moving averages & range
50 DMA
₹162.7
200 DMA
₹169.5
52W High
₹211.9
52W Low
₹121.1
5D Low
₹173
Resistance levels (recent highs)
20d High
₹177.5
60d High
₹177.5
120d High
₹211.9
250d High
₹211.9
Next resistance
+2.6%
to 20d High

All analytics based on EOD data. Data as of 2026-08-21. Past data patterns are not indicative of future results. This page is a data analytics tool only.