ashok leyland share price: Ashok Leyland declines 1.24% as Sensex slides

Shares of Ltd. traded at Rs 123.15 on BSE at 02:07PM (IST) on Tuesday, down 1.24 per cent from previous close.

The scrip quoted a 52-week low price of Rs 48.0 and a high of Rs 138.85.

Earlier, shares of the company saw a gap up opening in the morning.

A total of 398,120 lakh shares changed hands on the counter till 02:07PM (IST).

The stock of Ashok Leyland Ltd. commanded a market value of Rs 36180.37 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of -218.97, while the price-to-book value ratio stood at 1.62. Return on equity (ROE) was at -2.1 per cent, according to exchange data.

In the BSE500 pack, 101 stocks traded in the green, while 399 stocks were in the red.

The stock’s beta value, which measures volatility in relation to the broader market, stood at 1.55.

Promotor/FII Holding

Promoters held 0.0 per cent in Ashok Leyland Ltd. as of 30-Jun-2021 while overseas and domestic institutional investors owned 16.9 per cent and 11.18 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 110.12 on July 20, while the 50-DMA was at 123.75. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

Source Link