Margins beat estimates; FY25 CV outlook positive

27 May 2024
5 Min read 
  • Ashok Leyland's 4QFY24 results update includes changes in estimates, target price, and rating.
  •  The company's margins beat estimates, and the outlook for FY25 commercial vehicles is positive.
  •  Financials and valuations show an increase in sales, EBITDA, and adjusted EPS.
  •  The company's shareholding pattern and key demand indicators are highlighted.
  •  Management commentary emphasizes positive demand momentum and growth in various vehicle segments.
  •  The company's capex guidance for FY25 and performance in the defense sector are discussed.
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