The stock opened at Rs 129.7 and touched an intraday high and low of Rs 131.0 and Rs 129.0, respectively, in the session so far. Shares of the company of Ashok Leyland Ltd. quoted a 52-week high of Rs 143.25 and a 52-week low of Rs 66.85.
As per BSE, the total market cap of the Ashok Leyland Ltd. stood at Rs 38088.47 crore at the time of writing this report.
Key Financials
The company reported consolidated 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 same quarter a year ago.
Shareholding pattern
As of 30-Jun-2021, DIIs held 11.18 per cent stake in the company, while foreign institutional investors held 16.9 per cent and the promoters 0.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of -1269.19 and a price-to-book ratio of 4.77. 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.
