Ashok Leyland shares down 0.33% as Nifty gains
A total of 425,208 shares changed hands on the counter till 12:17PM (IST).
NEW DELHI: Shares of traded 0.33 per cent down in Tuesday's trade at 12:17PM (IST). Around 425,208 shares changed hands on the counter.The counter opened at Rs 211.25 and touched an intraday high and low of Rs 211.9 and Rs 209.2, respectively, in the session so far. The stock of quoted a 52-week high of Rs 211.9 and a 52-week low of Rs 144.2.
As per , the total market cap of the . stood at Rs 62029.91 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 11119.45 crore for the quarter ended 31-Dec-2023, down 3.0 per cent from previous quarter's Rs 11463.03 crore and down 6.61 per cent from the year-ago quarter's Rs 10430.39 crore.
The net profit for latest quarter stood at Rs 560.21 crore, up 75.59 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Mar-2024, DIIs held 5.79 per cent stake in the company, while foreign institutional investors held 21.28 per cent and the promoters 0.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 26.03 and a price-to-book ratio of 4.78. 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.
. belongs to the Auto - Cars/UV/CV industry.
Source: Stocks-Markets-Economic Times
