The counter has had a total traded volume of 808133 shares so far with a value of Rs 10.09 crore on the NSE. It traded at a price-to-earnings multiple of -73.93 and a price-to-book ratio of 1.62.
A higher P/E ratio shows 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 reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 188.47 per cent during the past one year, while the 30-share index advanced 56.98 per cent during the same period.
Ashok Leyland Ltd. belongs to the Auto – Cars/UV/CV industry.
Promotor/FII Holding
Promoters held 0.0 per cent stake in the company as of 31-Mar-2021, while foreign investors and domestic institutional investors ownership stood at 17.93 per cent and 9.68 per cent, respectively.
Key Financials
The firm reported consolidated sales of Rs 6000.28 crore for the quarter ended 31-Dec-2020, up 54.74 per cent from the previous quarter’s Rs 3877.62 crore and up 15.2 per cent from the year-ago quarter’s Rs 5208.53 crore.
Profit for the latest quarter stood at Rs 14.24 crore, down 46.85 per cent from the same quarter a year ago.
