The scrip opened at Rs 135.0 and touched an intraday high and low of Rs 137.55 and Rs 134.4, respectively, in the session so far. The stock of Ashok Leyland Ltd. quoted a 52-week high of Rs 143.25 and a 52-week low of Rs 48.85.
Total market cap of the Ashok Leyland Ltd. stood at Rs 40172.69 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 8176.73 crore for the quarter ended 31-Mar-2021, up 36.27 per cent from previous quarter’s Rs 6000.28 crore and up 59.48 per cent from the year-ago quarter’s Rs 5127.11 crore.
The net profit for latest quarter stood at Rs 352.56 crore, up 1851.08 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Jun-2021, domestic institutional investors held 11.27 per cent stake in the firm, while foreign institutional investors held 17.04 per cent and the promoters 51.54 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of -243.13 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.
