Ashok Leyland, one of India’s most trusted commercial vehicle manufacturers, continues to strengthen its position in the automotive industry through innovation, rising demand, and strategic expansion. With a strong product portfolio across trucks, buses, and electric mobility solutions, the company is well-placed to benefit from India’s growing infrastructure and logistics sectors.
As investor confidence remains high due to consistent performance and future-ready technologies, Ashok Leyland’s share price outlook for 2026, 2027, 2028, 2029, and 2030 shows promising long-term potential.

Ashok Leyland Share Price Target 2026
Ashok Leyland, one of India’s leading commercial vehicle manufacturers, is expected to witness strong growth backed by rising demand in the automotive and infrastructure sectors.
With its continuous focus on technology upgrades, electric mobility, and expanding product offerings, the company is positioned for steady performance in the coming years. Analysts believe that improving sales volumes and operational efficiencies could positively influence its market valuation.
Considering these growth drivers, the Ashok Leyland Share Price Target for 2026 is projected to be between ₹180 and ₹200. This range reflects optimism around the company’s long-term growth strategy and its strengthening presence in domestic and global markets.
| Year | Ashok Leyland Share Price Target 2026 |
| First Target 2026 | Rs 180 |
| Second Target 2026 | Rs 200 |
Ashok Leyland Share Price Target 2027
Ashok Leyland, one of India’s largest commercial vehicle manufacturers, is expected to witness strong growth by 2027 driven by rising demand for trucks, buses, and electric mobility solutions.
With consistent expansion in domestic and export markets, the company is focusing on new product launches, improved margins, and cost-efficient technologies. Analysts believe that Ashok Leyland’s strong market position and healthy financial performance could support steady share price appreciation in the coming years.
Based on current industry trends and the company’s long-term strategy, the Ashok Leyland share price target for 2027 is expected to be in the range of ₹220 to ₹240. This outlook reflects the company’s potential to capitalize on India’s expanding infrastructure and logistics sectors.
Ashok Leyland Share Price Target 2027 Table
| Year | Ashok Leyland Share Price Target 2027 |
| First Target 2027 | Rs 220 |
| Second Target 2027 | Rs 240 |
Ashok Leyland Share Price Target 2028
Ashok Leyland, one of India’s leading commercial vehicle manufacturers, is expected to see strong growth driven by rising demand in the logistics, construction, and EV segments.
With consistent improvements in product innovation and expansion into electric buses and trucks, the company is strengthening its long-term market position. By 2028, analysts anticipate steady revenue growth supported by government infrastructure spending and increased fleet modernization.
Considering these positive factors, the Ashok Leyland Share Price Target 2028 is projected to be between ₹260 and ₹280, reflecting solid future potential. Investors with a long-term view may find the stock attractive due to its strong fundamentals and strategic expansion plans.
Ashok Leyland Share Price Target 2028 Table
| Year | Ashok Leyland Share Price Target 2028 |
| First Target 2028 | Rs 260 |
| Second Target 2028 | Rs 280 |
Ashok Leyland Share Price Target 2029
Ashok Leyland, one of India’s leading commercial vehicle manufacturers, is expected to witness strong growth by 2029 driven by rising demand in the truck and bus segments.
With increased infrastructure development, improving fleet replacement cycles, and the company’s focus on electric and alternative fuel vehicles, investor sentiment remains positive. Ashok Leyland’s consistent expansion in domestic and export markets further strengthens its long-term outlook.
Considering these growth factors, the Ashok Leyland share price target for 2029 is expected to be between ₹300 and ₹340, reflecting steady performance and improved profitability. This makes the stock an attractive option for long-term investors seeking sustainable returns.
Ashok Leyland Share Price Target 2029 Table
| Year | Ashok Leyland Share Price Target 2029 |
| First Target 2029 | Rs 300 |
| Second Target 2029 | Rs 340 |
Ashok Leyland Share Price Target 2030
Ashok Leyland, one of India’s leading commercial vehicle manufacturers, is expected to continue its strong growth trajectory by 2030 driven by rising demand in the transport, logistics, and infrastructure sectors.
With the company’s increasing focus on electric mobility, innovation, and global expansion, investors are hopeful about long-term value creation. Strong financial performance, strategic product launches, and expansion into new markets could significantly boost future earnings.
Considering these growth drivers, the Ashok Leyland share price target for 2030 is estimated to be ₹360 to ₹400. If the company maintains consistent performance and demand remains robust, the stock could deliver impressive returns in the coming years.
Ashok Leyland Share Price Target 2030 Table
| Year | Ashok Leyland Share Price Target 2030 |
| First Target 2030 | Rs 360 |
| Second Target 2030 | Rs 400 |
Ashok Leyland Share F.A.Q.
– What does Ashok Leyland do?
Ashok Leyland is one of India’s leading commercial vehicle manufacturers, producing trucks, buses, and defense vehicles.
– Is Ashok Leyland a good stock for long-term?
Yes, many investors consider it a strong long-term pick due to steady demand in commercial vehicles and expansion in electric mobility.
– What affects Ashok Leyland’s share price?
Its share price is influenced by CV sales numbers, economic growth, infrastructure spending, and quarterly earnings.
– Does Ashok Leyland give dividends?
Yes, Ashok Leyland has a history of offering dividends depending on its yearly financial performance.
– Is Ashok Leyland involved in electric vehicles?
Yes, the company is actively expanding in EV buses and clean mobility solutions through its subsidiary Switch Mobility.
Conclusion
Overall, Ashok Leyland’s focus on innovation, cost efficiency, and expansion in electric and green mobility is expected to fuel steady growth in the coming years. With improving demand in the commercial vehicle market and supportive government policies, the company is positioned for sustained performance. Investors looking for a stable and growth-oriented stock may view Ashok Leyland as a strong long-term opportunity. Its share price targets for 2026 to 2030 reflect the potential for continued value creation driven by solid fundamentals and future-focused strategies.
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