Ashok Leyland share price down 1.38 per cent
Ashok Leyland Ltd. traded 1.38 per cent up at Rs 171.9 at around 02:10PM (IST) on Monday. The stock had closed at Rs 174.3 in the previous session.
Equity benchmark Sensex traded 136.81 points lower at 65657.92 around the same time.
The scrip has climbed 18.76 per cent in the last one year till date, while the 30-share index has gained 6.5 per cent during the same period.
The stock's 52-week high price stood at Rs 191.45 and the 52-week low price at Rs 133.1.
Trading volume on the counter stood at 4,422,164 shares, while it quoted a price-to-earnings ratio of 23.58, an EPS value of 7.29 and a price-to-book value of 4.78. In the Nifty50 pack, 22 stocks traded in the green, while 28 stocks were in the red.
Promoter/FII Holding Promoters held 51.53 per cent stake in the company as of 30-Sep-2023, while overseas investor and mutual funds' ownership stood at 20.21 per cent and 10.1 per cent, respectively.
Key Financials For the quarter ended 30-Sep-2023, the company reported consolidated sales of Rs 11463.03 crore, up 17.75 per cent from the previous quarter's Rs 9735.45 crore and up 19.15 per cent from the year-ago quarter's Rs 9620.28 crore. The company reported net profit of Rs 526.01 crore for the latest quarter.
Technical Indicators The MACD signalled a bullish bias on the counter.
The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect «buy» or «sell» opportunities.
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