The counter has had a total traded volume of 686381 shares so far with a value of Rs 9.75 crore on the NSE. It traded at a price-to-earnings multiple of -3891.18 and a price-to-book ratio of 4.24.
A higher P/E 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 reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 46.85 per cent during the past one year, while the 30-share index advanced 36.91 per cent during the same period.
Ashok Leyland Ltd. belongs to the Auto – Cars/UV/CV industry.
Promotor/FII Holding
Promoters held 0.0 per cent stake in the company as of 30-Sep-2021, while FIIs and domestic institutional investors ownership stood at 16.19 per cent and 13.52 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 5586.91 crore for the quarter ended 30-Sep-2021, up 36.16 per cent from the previous quarter’s Rs 4103.27 crore and up 44.08 per cent from the year-ago quarter’s Rs 3877.62 crore.
Loss for the latest quarter stood at Rs 103.43 crore, down 15.88 per cent from the same quarter a year ago.
