Ashok Leyland Stock Price: Share price of Ashok Leyland rises as Nifty weakens

Shares of Ltd. gained 0.53 per cent to Rs 123.45 in Friday’s trade as of 12:11PM (IST).

The stock hit a high price of Rs 125.45 and low of Rs 122.3 during the session.

The return on equity (ROE) for the stock stood at 4.33 per cent. Traded volume on the counter stood at 12:11PM shares and turnover at Rs 13.77 crore around that time.

The stock of Ashok Leyland Ltd. quoted a 52-week high and 52-week low prices of Rs 138.85 and Rs 42.05, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.55.

Promotor/FII Holding

Promoters held 51.54 per cent stake in the company as of 31-Dec-2020, while foreign investors held 16.3 per cent and domestic institutional investors had 17.64 per cent.

Key Financials

The company reported consolidated sales of Rs 6000.28 crore for the quarter ended 31-Dec-2020, up 54.74 per cent from previous quarter’s Rs 3877.62 crore and up 15.2 per cent from the year-ago quarter’s Rs 5208.53 crore.

Net profit after tax for the latest quarter stood at Rs 14.24 crore, down 46.85 per cent from the same quarter a year ago.

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