July 10, 2025: Ashok Leyland share, a major player in the Auto – LCVs/HCVs segment, closed at ₹252.55 on Thursday, reflecting a modest intraday gain. The stock fluctuated between ₹251.75 and ₹254.85 during the trading session. Over the past year, Ashok Leyland has demonstrated solid market performance with a 52-week range of ₹190.4 to ₹264.7.
In the last one day, the stock gained 0.54%, added 4.62% in the past month, and surged 20.9% over the previous three months — pointing to strong investor sentiment and bullish momentum.
Technical Indicators Show Stability
The stock’s daily pivot point is at ₹250.83 with resistance levels at ₹251.92 (R1), ₹252.93 (R2), and ₹254.02 (R3). Support levels are marked at ₹249.82 (S1), ₹248.73 (S2), and ₹247.72 (S3), indicating a relatively narrow trading range.
Moving averages across timeframes continue to support a positive trend:
- 5-day SMA/EMA: ₹250.55 / ₹250.16
- 10-day SMA/EMA: ₹244.26 / ₹248.71
- 50-day SMA/EMA: ₹235.97 / ₹238.09
- 200-day SMA/EMA: ₹223.09 / ₹224.7
These metrics suggest a sustained upward trajectory and potential buying interest, especially from technical traders.
Sector Comparison: Tata Motors vs Ashok Leyland
Compared to its competitor Tata Motors, Ashok Leyland appears more stable in the short term. While Ashok Leyland posted a 3-month return of 20.25%, Tata Motors returned 16.44%. Over a longer 5-year horizon, Tata Motors outperforms with 544.21% returns compared to Ashok Leyland’s 390.52%, but in the one-year frame, Ashok Leyland leads with 11.04% gains while Tata Motors saw a 31.09% decline.
Outlook
Ashok Leyland’s recent gains and consistent technical indicators make it a stock to watch within the Indian auto sector. With broader market support and competitive positioning against key rivals like Tata Motors, investors may consider tracking its momentum for potential entry points.