Business & Investment

Ashok Leyland’s share price: Ashok Leyland’s share price rises 0.42% as Nifty rises.

New Delhi: The limited liability company’s share price rose 0.42% on Monday at 11:12 am (IST). About 206,841 shares changed hands at the counter.

The scrip started at Rs 142.95 and has touched on daytime highs and lows of 144.5 and 142.0 rupees, respectively, in previous sessions. Ashok Leyland Ltd.’s share price peaked at Rs 149.75 for the 52nd week and peaked at Rs 78.25 for the 52nd week.

according to BSE, Ashok Leyland Ltd, at the time of writing this report. The market capitalization was 41801.91 rupees.



Major finance

The company reported consolidated net sales of Rs 4103.27 for the quarter ended June 30, 2021, down 49.82% from Rs 8176.73 in the previous quarter and down 171.44% from Rs 1511.69 in the year-ago quarter.

Net loss for the latest quarter was Rs 273.86, down 33.05 percent from the corresponding quarter last year.

Stock holding pattern

As of September 30, 2021, DII had a 13.52% stake in the company, foreign institutional investors had a 16.19% stake, and promoters had a 0.0% stake.

Evaluation rate

According to BSE data, the price-earnings ratio was a multiple of -1392.93 and the price-to-book value ratio was 4.24. A high rate of return on stock prices indicates that investors are willing to pay higher prices due to higher expectations for future growth. The price-to-book value ratio is a measure of the inherent value of a company and the price at which an investor is ready to pay even if the business is not growing.

Ashok Leyland Ltd. belongs to the automotive / UV / CV industry.

Ashok Leyland’s share price: Ashok Leyland’s share price rises 0.42% as Nifty rises.

https://economictimes.indiatimes.com/markets/stocks/stock-watch/ashok-leyland-shares-up-0-42-as-nifty-gains/articleshow/87454740.cms Ashok Leyland’s share price: Ashok Leyland’s share price rises 0.42% as Nifty rises.

Back to top button