Ashok Leyland Expands Product Range in Indian CV Market

By Jony Shekhawat | Published Date : January 16, 2026

Ashok Leyland continues to support India’s transport and logistics sector with a wide range of commercial vehicles.

Ashok Leyland makes commercial vehicles in India. Many transport companies use its vehicles every day. You can see Ashok Leyland trucks on highways and Ashok Leyland buses in cities and towns. The company also sells light vehicles for small business owners.

Ashok Leyland is now working on electric and cleaner fuel vehicles. It wants to stay ready for future transport needs. Below is a simple view of how the share price may move in the coming years.

Share Price View for 2026

Table of Contents

1. Share Price View for 2026

2. Share Price View for 2027

3. Share Price View for 2028

4. Share Price View for 2029

5. Share Price View for 2030

6. Conclusion

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In 2026, business conditions are expected to remain normal. Road work, housing projects and goods movement can keep demand steady. Ashok Leyland commercial vehicles may continue to sell at a stable pace.

The company is trying to reduce running costs for customers. Electric models may grow slowly. In this situation, the share price in 2026 may stay close to ₹210.

Share Price View for 2027

By 2027, demand from construction and transport may improve. New road projects can increase the use of trucks and buses. Ashok Leyland buses may see better demand from city transport projects. If sales increase and costs stay under control, the share price in 2027 may move near ₹250.

Share Price View for 2028

In 2028, buyers may prefer vehicles with better safety and mileage. Ashok Leyland may update its models to meet this demand. Small transport operators may buy more Ashok Leyland mini trucks and pickups. With better product mix, the share price in 2028 may reach around ₹280.

Share Price View for 2029

By 2029, old vehicles may be replaced due to emission rules. This can support sales of new trucks and electric buses. Export orders may also help during this period.
With stable earnings, Ashok Leyland trucks can support the company’s growth. The share price in 2029 may stay near ₹320.

Share Price View for 2030

In 2030, Ashok Leyland may have both fuel and electric vehicles in its range. Electric buses and new technology trucks can support long-term business.
With steady demand and a wide product range, the share price in 2030 may move close to ₹370.

Conclusion

This content is for learning only. We are not a SEBI-registered firm. This is not investment advice. Please speak to a financial advisor before investing.

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Frequently Asked Questions on Commercial Vehicles

Q1. What types of commercial vehicles does Ashok Leyland manufacture?

Ans. Ashok Leyland manufactures trucks, buses, mini trucks, pickups and special-purpose commercial vehicles for different transport needs.

Q2. Are Ashok Leyland buses used for public transport?

Ans. Yes, Ashok Leyland buses are widely used by state transport corporations and private operators for city and intercity travel.

Q3. Are Ashok Leyland mini trucks suitable for small businesses?

Ans. Yes, Ashok Leyland mini trucks are suitable for small businesses due to easy driving, good load capacity and low running cost.

Q4. Does Ashok Leyland offer vehicles for long-distance transport?

Ans. Yes, Ashok Leyland trucks are designed for long-distance and heavy-duty transport, especially for highways and logistics operations.

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