Ashok Leyland Ltd. Stock Sees Positive Trend, Outperforms Sector and Market.
Ashok Leyland Ltd., a leading player in the auto-truck industry, saw a 3.56% increase in its stock on November 11, 2024, closing at Rs. 228.75 per share. According to MarketsMojo, the stock has a 'Hold' call, with a consecutive gain of 6.09% in the last 2 days. It has also outperformed the Sensex and the auto-truck sector.
Ashok Leyland Ltd., a leading player in the auto-truck industry, saw a positive trend in its stock performance on November 11, 2024. The stock gained 3.56% and closed at Rs. 228.75 per share. This outperformed the sector by 2.32%, indicating a strong performance by the company.
According to MarketsMOJO, a leading stock analysis platform, the stock has been given a 'Hold' call. This means that investors should hold onto their current positions in the stock and not make any new investments at this time.
In terms of price movement, Ashok Leyland Ltd. has been on a consecutive gain for the last 2 days, with a total rise of 6.09% during this period. The stock also touched an intraday high of Rs. 230, showing a 3.6% increase.
Moving averages, which are used to analyze the overall trend of a stock, show that Ashok Leyland Ltd. is currently trading higher than its 5 day, 20 day, and 200 day moving averages. However, it is lower than its 50 day and 100 day moving averages.
In the auto-truck sector, Ashok Leyland Ltd. has shown a gain of 2.36%, indicating a positive trend in the industry as well.
Comparing the performance of Ashok Leyland Ltd. with the overall market, the stock has outperformed the Sensex by 3.07% in the last 1 day and by 2.79% in the last 1 month. This shows a strong performance by the company, despite the overall market showing a negative trend.
Overall, Ashok Leyland Ltd. has shown a positive trend in its stock performance, outperforming the sector and the market. With a 'Hold' call from MarketsMOJO, investors can continue to hold onto their positions in the stock.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
