ASHOKLEY

Consensus remains moderately positive to neutral, with more analysts recommending Buy than Sell. Average 12-month analyst price target ~ ₹168–₹169, implying limited upside or slight downside from recent levels for 2026. Valuation Insights Consensus shows mixed fundamental signals — strong cash flows, healthy profits and ROCE, but also high leverage and some promoter pledge risk. 52-week range: ~₹96 – ₹192 (suggests volatility). Sector & Macro Ashok Leyland is a key commercial vehicle (CV) player in India; expected to benefit from infrastructure growth and GST policy tailwinds.