The counter had a total traded volume of 11:01AM shares so far with a turnover of Rs 7.01 crore on BSE. The stock traded at a price-to-earnings multiple of -1192.41 and a price-to-book ratio of 4.77.
A higher price-to-earnings 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 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.
Promotor/FII Holding
Promoters held 51.54 per cent stake in the company as of 30-Jun-2021, while foreign investors and domestic institutional investors ownership stood at 17.04 per cent and 18.16 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 4103.27 crore for the quarter ended 30-Jun-2021, down 49.82 per cent from the previous quarter’s Rs 8176.73 crore and down 171.44 per cent from the year-ago quarter’s Rs 1511.69 crore.
Its loss for the latest quarter stood at Rs 273.86 crore, down 33.05 per cent from the same quarter a year ago.
