Ashokleyland

The Hinduja group's flagship company, Ashok Leyland, has a long history in the domestic medium and heavy commercial vehicle (M&HCV) market. Basics: Stock P/E: 20.7 (Indian P/E: 18.84); ROE: 15.0%; ROE: 28.4%; PEG Ratio: 0.22; Market Cap: 57,741 Cr. Sales Growth in 3 Years: 33% 👍 Compounded Profit Growth for Three Years: 206% 👍 Stock Price CAGR for 3 Years: 21% 👍 Technical details: Since reaching 262 levels in August 2024, Ashok Leyland has been in a downward trajectory. All of the important support levels, including the 20, 50, and 100 EMAs, have been breached by the stock price. Levels of resistance: 237, 262 Levels of support: 193, 178 Cons: 30.1% of the promoters' holdings have been pledged. Last quarter, FII/FPI reduced their ownership stake. Businesses with a lot of debt