Ashok Leyland Ltd. Stock Hits All-Time High at Rs.203.1

Record-Breaking Price Movement

On 3 February 2026, Ashok Leyland Ltd. touched an intraday high of Rs.203.1, surpassing its previous 52-week peak and setting a fresh benchmark for the stock. The day’s trading saw the stock open with a gap up of 4.14%, signalling strong buying interest from the outset. Throughout the session, the stock maintained upward momentum, closing with a day change of 2.55%, closely tracking the Sensex’s gain of 2.76% on the same day.

The stock’s performance was in line with its sector peers, with the Auto - Trucks segment gaining 2.4% during the day. Notably, Ashok Leyland has been on a consecutive two-day gain streak, delivering a cumulative return of 5.29% over this period. This recent surge has been supported by the stock trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong technical uptrend.

Consistent Outperformance Across Time Frames

When analysed over longer durations, Ashok Leyland’s stock performance stands out markedly against the broader market benchmark, the Sensex. Over the past one year, the stock has surged by an impressive 95.49%, vastly outperforming the Sensex’s 8.72% gain. This trend extends further back, with three-year returns of 159.21% compared to the Sensex’s 37.93%, and five-year returns of 196.62% versus the Sensex’s 66.99%.

Even on a decade-long horizon, Ashok Leyland has delivered a remarkable 358.92% return, outpacing the Sensex’s 246.44% growth. Year-to-date, the stock has appreciated by 11.33%, while the Sensex has declined by 1.53%, further emphasising the company’s resilience and growth momentum in a challenging market environment.

Mojo Score and Market Capitalisation Insights

Ashok Leyland currently holds a Mojo Score of 65.0, which corresponds to a Mojo Grade of Hold as of 17 November 2025, a revision from its previous Buy rating. This adjustment reflects a nuanced assessment of the company’s valuation and market dynamics. The company’s market capitalisation grade stands at 2, indicating its mid-cap status within the automobile sector.

Despite the grade revision, the stock’s price action and fundamental metrics continue to demonstrate strength, supported by steady sectoral gains and favourable technical indicators. The stock’s ability to maintain levels above all major moving averages further reinforces its positive trend.

Sectoral Context and Comparative Performance

Within the automobile sector, Ashok Leyland’s performance has been notably robust. Over the past month, the stock has gained 5.45%, contrasting with the Sensex’s decline of 2.15%. Over three months, the stock’s 42.63% return dwarfs the Sensex’s marginal negative movement of -0.07%. This outperformance highlights the company’s capacity to capitalise on sectoral tailwinds and maintain investor confidence amid broader market fluctuations.

The stock’s one-week gain of 3.37% also exceeds the Sensex’s 2.52% rise, underscoring its consistent relative strength. These comparative metrics illustrate Ashok Leyland’s leadership within the auto-trucks segment and its ability to deliver superior returns over multiple time frames.

Technical Strength and Momentum Indicators

The stock’s current trading above all major moving averages is a significant technical indicator of sustained momentum. The 5-day, 20-day, 50-day, 100-day, and 200-day moving averages all lie below the current price level of Rs.203.1, signalling a strong bullish trend. This technical positioning often attracts momentum-driven trading and reflects underlying strength in the stock’s price action.

Additionally, the stock’s recent consecutive gains and intraday price advances demonstrate a positive market sentiment and robust demand. The 4.45% intraday high increase on the day of the new peak further emphasises the stock’s upward trajectory.

Summary of Key Performance Metrics

To summarise, Ashok Leyland Ltd. has achieved a significant milestone by reaching an all-time high of Rs.203.1. The stock’s performance metrics include:

• Day change: +2.55%
• Consecutive two-day gain: +5.29%
• Year-to-date return: +11.33%
• One-year return: +95.49%
• Three-year return: +159.21%
• Five-year return: +196.62%
• Ten-year return: +358.92%

These figures highlight the company’s sustained growth and resilience relative to the Sensex benchmark, which has delivered comparatively modest returns over the same periods.

Conclusion

Ashok Leyland Ltd.’s stock reaching a new all-time high is a testament to its enduring market strength and consistent performance across multiple time frames. The company’s ability to outperform the broader market and its sector peers, combined with favourable technical indicators, marks this achievement as a significant milestone in its market journey.

While the Mojo Grade has shifted to Hold, the stock’s price appreciation and relative strength remain noteworthy. This milestone reflects the company’s solid positioning within the automobile sector and its capacity to sustain investor confidence through consistent performance.

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