Motilal Oswal Financial Services has reiterated a BUY call on Ashok Leyland with a target price of Rs 185, implying a potential upside of approximately 24% from current levels.

Ashok Leyland shares were down by nearly 4.5 percent on Friday as selling pressure kept markets negative.

ICICI Securities Retail Equity Research has maintained a HOLD rating on Ashok Leyland with a target price of Rs 165 for a 12-month horizon.

Choice Equity Broking has reaffirmed a BUY rating on commercial vehicle manufacturer Ashok Leyland following a robust Q2FY26 performance highlighted by a 9.3% year-on-year revenue increase to Rs 95

Geojit Financial Services has issued a BUY recommendation for Ashok Leyland Limited, India's second-largest commercial vehicle manufacturer, with an ambitious target price of Rs 150, representing a

Ashok Leyland’s Q4FY25 earnings report reinforces the commercial vehicle major’s growth narrative.