The counter opened at Rs 128.0 and touched an intraday high and low of Rs 129.15 and Rs 127.3, respectively, in the session so far. Shares of the company of Ashok Leyland Ltd. quoted a 52-week high of Rs 138.85 and a 52-week low of Rs 33.7.
Total market cap of the Ashok Leyland Ltd. stood at Rs 37706.85 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 6,000.28 crore for the quarter ended 31-Dec-2020, up 54.74 per cent from previous quarter’s Rs 3,877.62 crore and up 15.2 per cent from the year-ago quarter’s Rs 5,208.53 crore.
The net profit for latest quarter stood at Rs 14.24 crore, down 46.85 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Dec-2020, domestic institutional investors held 10.88 per cent stake in the company, while foreign institutional investors held 16.17 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of -75.46 and a price-to-book ratio of 1.62. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Ashok Leyland Ltd. belongs to the Auto – Cars/UV/CV industry.
