ASHOK LEYLAND STOCK INSIGHTS
Presently, as of Friday, 12th January 2024, the Ashok Leyland stock is valued at ₹176.65, exhibiting a decrease of ₹14.85 from its 52-week peak of ₹191.50 and an increase of ₹43.55 from its 52-week low of ₹133.10.
52-WEEK PEAK AND TROUGH
The pinnacle of Ashok Leyland’s market performance touched ₹191.50 on Wednesday, 16th August 2023, while its lowest point, ₹133.10, was observed on Tuesday, 28th March 2023.
ALL-TIME PINNACLE
The apex of Ashok Leyland shares, historically speaking, reached ₹191.50 on Wednesday, 16th August 2023. The highest closing price was recorded at ₹188.89 on Thursday, 17th August 2023.
Ashok Leyland: A Reliable Companion for India’s Transportation Requirements.
In the current landscape, the accessibility of desired items in local stores owes much to the robust distribution networks meticulously established by companies. These networks span far and wide, demanding dependable commercial vehicles to uphold an uninterrupted supply chain. With over six decades of experience, Ashok Leyland Ltd has been a stalwart in the realm of commercial vehicles.
MILESTONES ALONG THE JOURNEY
- 1948: Inception of Ashok Motors Ltd.
- 1958: Transformation into Ashok Leyland Ltd.
This Indian multinational, predominantly owned by the Hinduja Group, proudly stands as India’s second-largest commercial vehicle manufacturer. In 2019, it clinched the third spot globally as a bus manufacturer. The company’s operations encompass Trucks, Buses, Light Vehicles, and Defence Vehicles, produced across five manufacturing plants in India and one in the UAE. Its footprint extends to 22+ countries globally.
Indices such as Nifty Auto and Nifty Infrastructure recognize Ashok Leyland as a key constituent. In the fiscal year 2023, the company allocated ₹15.16 Crores towards Corporate Social Responsibility initiatives, spanning education, health, hygiene, nutrition, and more.
The financial repercussions of the global pandemic manifested in the fourth quarter of fiscal year 2020, causing a more than 40% dip in revenue. Subsequent lockdowns contributed to a further decline, resulting in a loss of ₹314 Crores in fiscal year 2021.
EXPLORING THE TRAJECTORY OF ASHOK LEYLAND STOCK PRICES (1990 TO 2024)
Ashok Leyland Share Price History from 1990 TO 2024.
| Year | Ashok Leyland | YOY Chg% | ↑High – ↓Low |
|---|---|---|---|
| 1990 | ₹5.23 | – | ↑ ₹6.15 ↓ ₹2.91 |
| 1991 | ₹4.97 | -5% | ↑ ₹6.94 ↓ ₹4.70 |
| 1992 | ₹4.49 | -9.7% | ↑ ₹9.61 ↓ ₹3.85 |
| 1993 | ₹7.48 | 66.5% | ↑ ₹8.12 ↓ ₹2.99 |
| 1994 | ₹9.62 | 28.6% | ↑ ₹12.81 ↓ ₹6.52 |
| 1995 | ₹5.30 | -45% | ↑ ₹9.62 ↓ ₹5.10 |
| 1996 | ₹5.15 | -2.9% | ↑ ₹7.38 ↓ ₹3.88 |
| 1997 | ₹2.01 | -61% | ↑ ₹5.84 ↓ ₹1.75 |
| 1998 | ₹2.16 | 7.4% | ↑ ₹3.07 ↓ ₹1.00 |
| 1999 | ₹5.70 | 163.8% | ↑ ₹7.95 ↓ ₹1.36 |
| 2000 | ₹2.19 | -61.6% | ↑ ₹7.42 ↓ ₹1.66 |
| 2001 | ₹3.48 | 58.9% | ↑ ₹4.60 ↓ ₹2.04 |
| 2002 | ₹4.96 | 42.5% | ↑ ₹6.14 ↓ ₹3.21 |
| 2003 | ₹14.69 | 196.1% | ↑ ₹14.74 ↓ ₹4.60 |
| 2004 | ₹12.20 | -17% | ↑ ₹15.53 ↓ ₹8.50 |
| 2005 | ₹15.93 | 30.5% | ↑ ₹16.90 ↓ ₹9.38 |
| 2006 | ₹22.73 | 42.6% | ↑ ₹26.98 ↓ ₹14.70 |
| 2007 | ₹26.00 | 14.3% | ↑ ₹27.55 ↓ ₹16.95 |
| 2008 | ₹7.51 | -71.2% | ↑ ₹28.95 ↓ ₹6.22 |
| 2009 | ₹24.77 | 229.8% | ↑ ₹27.93 ↓ ₹6.70 |
| 2010 | ₹31.95 | 28.9% | ↑ ₹40.95 ↓ ₹22.95 |
| 2011 | ₹22.75 | -28.8% | ↑ ₹34.35 ↓ ₹20.05 |
| 2012 | ₹26.95 | 18.4% | ↑ ₹32.90 ↓ ₹20.25 |
| 2013 | ₹17.20 | -36.2% | ↑ ₹27.90 ↓ ₹11.82 |
| 2014 | ₹51.35 | 198.5% | ↑ ₹56.15 ↓ ₹14.90 |
| 2015 | ₹88.00 | 71.3% | ↑ ₹99.65 ↓ ₹51.10 |
| 2016 | ₹80.10 | -9% | ↑ ₹112 ↓ ₹73.60 |
| 2017 | ₹119.25 | 48.8% | ↑ ₹133 ↓ ₹79.20 |
| 2018 | ₹102.55 | -14.1% | ↑ ₹167 ↓ ₹97.70 |
| 2019 | ₹81.50 | -20.6% | ↑ ₹104 ↓ ₹56.95 |
| 2020 | ₹95.45 | 17.1% | ↑ ₹102 ↓ ₹33.70 |
| 2021 | ₹122.40 | 28.2% | ↑ ₹153 ↓ ₹95.50 |
| 2022 | ₹143.40 | 17.1% | ↑ ₹169 ↓ ₹93.20 |
| 2023 | ₹181.55 | 26.6% | ↑ ₹191 ↓ ₹133 |
| 2024 | ₹176.65 | -2.7% | ↑ ₹189 ↓ ₹173 |
ANALYZING THE RAMIFICATIONS OF INVESTING IN ASHOK LEYLAND
In 1990, the valuation of Ashok Leyland shares stood at ₹5.23. A hypothetical investment of ₹10,000 during that period would have burgeoned to ₹3.38 Lakhs by the conclusion of 2024. This equates to a substantial 3277.6% positive return over 34 years, boasting a compound annual growth rate (CAGR) of 10.9%.
ASHOK LEYLAND STOCK RETURNS OVER THE LAST 5 YEARS
The highest share price in the past five years reached ₹191.05, with the lowest at ₹33.70. In 2019, the stock was valued at ₹81.50, escalating to ₹176.65 by 2024. This translated to a remarkable positive return of over 116%, accompanied by a CAGR of 16.7% over the same period. A ₹10,000 investment in 2019 would have evolved to ₹21,674 by 2024, a growth of 2.16 times.
ASHOK LEYLAND STOCK RETURNS OVER THE LAST 10 YEARS
Over the last decade, Ashok Leyland shares hit a pinnacle of ₹191.05 and a nadir of ₹14.90. Starting at ₹51.35 in 2014, the stock surged to ₹176.65 by 2024, yielding a positive return of over 244% and a CAGR of 13.1%. An initial investment of ₹10,000 in 2014 would have matured to ₹34,401 by 2024, representing a 3.44-fold increase.
ASHOK LEYLAND STOCK RETURNS OVER THE LAST 15 YEARS
From 2009 to 2024, Ashok Leyland shares displayed a high of ₹191.05 and a low of ₹6.70. Commencing at ₹24.77 in 2009, the stock soared to ₹176.65 by 2024, resulting in a remarkable positive return of over 613% and a CAGR of 13.9%. A ₹10,000 investment in 2009 would have blossomed to ₹71,316 by 2024, reflecting a 7.13-fold surge.
ASHOK LEYLAND STOCK RETURNS OVER THE LAST 20 YEARS
In the two decades spanning 2004 to 2024, Ashok Leyland shares witnessed a zenith at ₹191.05 and a nadir at ₹6.22. Starting at ₹12.20 in 2004, the stock escalated to ₹176.65 by 2024, offering a substantial positive return of over 1347% and a CAGR of 14.3%. A ₹10,000 investment in 2004 would have burgeoned to ₹1.45 Lakhs by 2024, marking a 14.47-fold increase.
ASHOK LEYLAND STOCK VS FD (FIXED DEPOSIT) VS COMPOUNDING FD
For those pondering the preferable investment avenue – shares, fixed deposits (FDs), or compounding FDs – a comparative analysis elucidates the distinctions.
- Shares: Units of ownership in a company, subject to its profits or losses.
- FDs: Deposits with a bank or financial institution, held for a fixed time at a fixed interest rate.
- Compounding FDs: Similar to FDs, with one distinction – interest reinvested into the principal amount instead of being disbursed.
If ₹10,000 were invested in each of these options in 1990:
| Year | Ashok Leyland Investment | FD Normal Investment | FD Compound Investment |
|---|---|---|---|
| 1990 | ₹10,000 | ₹10,000 | ₹10,000 |
| 2024 | ₹3,37,762.91 | ₹44,000 | ₹2,55,476.70 |
| Year | Ashok Leyland Investment | FD Normal Investment | FD Compounding Investment |
|---|---|---|---|
| 2024 | ₹3,31,750.35 | ₹30,400 | ₹72,510.25 |
Investors will witness the above returns in each option by the year 2024.