The scrip opened at Rs 145.45 and touched an intraday high and low of Rs 147.95 and Rs 144.9, respectively, in the session so far. The stock of Ashok Leyland Ltd. quoted a 52-week high of Rs 149.75 and a 52-week low of Rs 78.65.
As per BSE, the total market cap of the Ashok Leyland Ltd. stood at Rs 42711.92 crore at the time of writing this report.
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 previous quarter’s Rs 8176.73 crore and down 171.44 per cent from the year-ago quarter’s Rs 1511.69 crore.
The net loss for latest quarter stood at Rs 273.86 crore, down 33.05 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Sep-2021, domestic institutional investors held 13.52 per cent stake in the firm, while foreign institutional investors held 16.19 per cent and the promoters 0.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of -1423.26 and a price-to-book ratio of 4.24. 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.
