Ashok Leyland Shares Alert! Get Dividend Ahead By Dec 11, Record Date Next Week; Buy The Hinduja Group Stock?

Ashok Leyland's stock rose 5.8% on Thursday, November 13, to an intraday high of Rs 150.60 per share. When this piece was being written, the stock was trading with an upside gap of 4.60% at the price level of Rs 148.90 after starting on the BSE at Rs 144.25. Following the release of the company's financial results for the quarter and half-year that ended on September 30, 2025, as well as the announcement of an interim dividend for FY26, the share price of Hinduja Group stock soared.

Ashok Leyland Dividend

The company has declared an interim dividend of Re. 1/- per equity share of Re. 1/- each, for the financial year ending 2025-26. The said interim dividend, would be paid, on or before December 11, 2025, as per a stock exchange filing.

"Further, as intimated vide letter dated November 7, 2025, the Record date for the purpose of determining the Members eligible to receive Interim Dividend is Tuesday, November 18, 2025," said Ashok Leyland in a regulatory filing.

Ashok Leyland Q2 Result Highlights

For the second quarter of FY26, Ashok Leyland declared a standalone net profit of Rs 771.06 crore on Wednesday. This is a slight rise of 0.13% from Rs 770.10 crore during the same period in the previous fiscal year. From Rs 8,768.83 crore in Q2FY25 to Rs 9,588.18 crore in Q2FY26, Ashok Leyland's revenue from operations climbed 9.3%.

At the operational level, the September 2025 quarter's earnings before interest, tax, depreciation, and amortization (EBITDA) climbed 14.2% to Rs 1,162 crore from Rs 1,017 crore in the same quarter of the prior fiscal year, while the EBITDA margin improved to 12% from 11.6%.

Ashok Leyland Target Price

"The stock faces near-term resistance at ₹146 while support lies at ₹140. Sustaining above ₹142 may lead to a short-term bounce toward ₹148-₹150. RSI is neutral, showing range-bound momentum. A close below ₹140, however, may trigger mild weakness toward ₹136. Bias mildly positive above ₹142," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

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