Finance News
Complete Finance & Business News Journal

Ashok Leyland shares down 1.5% as Nifty falls


Shares of Limited. rose 1.your five per cent to Rs 137.6 within Wednesday’s trade. The idea hit an intraday high of Rs 140.7 and minimal of Rs 135.0, respectively, in the daytime.

The stock offered a 52-week higher price of Rs 149.75 and minimal regarding Rs 73.45.

As of 11:37AM (IST), the counter noticed total traded number of 667,483 shares with a traded associated with Rs 9.24 crore, according to NSE.

The stock experienced closed at Rs 139.7 in the earlier session.

The scrip has advanced 10.04 per cent previously one month till time, while the benchmark BSE Sensex has received 5.76 % during the same period of time.

According to exchange records, the stock dealt with a price-to-earnings (P/E) multiple of -1352.34 while price-to-book ratio stood at 4.24. A better P/E ratio signifies that investors are willing to pay out a higher price for for every rupee earnings written by the stock on account of better future progress expectations. The price-to-book value indicates the particular inherent value of an organization and it reflects the value investors are ready to pay out even for not any growth in a organization.

The investment belongs to the Auto – Cars/UV/CV industry.

Promoter/FII Holding
Promoters held 0.0 per cent stake in the company as of 30-Jun-2021, while FII and MF ownership in the firm stood at 16.9 per cent and 11.18 per cent, respectively.

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 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 net loss for the latest quarter stood at Rs 273.86 crore, down 33.05 % from the same fraction a year ago.

Get real time updates directly on you device, subscribe now.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Translate »