Ashok Leyland shares 0.0% as Nifty gains
Ashok Leyland Ltd. 0.0 per cent to Rs 228.15 in Tuesday's trade. It hit an intraday high of Rs 230.75 and low of Rs 228.05, respectively, during the day.
The stock quoted a 52-week high price of Rs 245.6 and low of Rs 157.65.
As of 12:18PM (IST), the counter saw total traded volume of 312,055 shares with a traded value of Rs 7.14 crore, according to NSE.
The stock had closed at Rs 228.15 in the previous session.
The scrip has advanced 17.33 per cent in the past one month till date, while the benchmark BSE Sensex has gained 11.59 per cent during the same period.
According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 26.99 while price-to-book ratio stood at 5.58. A higher P/E ratio shows that investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations. The price-to-book value indicates the inherent value of a company and it reflects the price investors are ready to pay even for no growth in a business.
The stock belongs to the Auto — Cars/UV/CV industry.
Promoter/FII Holding Promoters held 0.0 per cent stake in the company as of 31-Mar-2024, while FII and MF ownership in the firm stood at 21.28 per cent and 5.79 per cent, respectively.
Key Financials The company reported consolidated sales of Rs 13613.29 crore for the quarter ended 31-Mar-2024, up 22.43 per cent from the previous quarter's Rs 11119.45 crore and up 2.87 per cent from the year-ago quarter's Rs 13233.16 crore. Its net profit for the latest
