Ashok Leyland shares drop 0.4% as Sensex falls
A total of 390,017 shares changed hands on the counter till 12:13PM (IST)
Shares of traded 0.4 per cent down at Rs 170.4 at 12:13PM (IST) on Monday, even as benchmark dropped 443.0 points to 73676.39. The stock had closed at Rs 171.1 in the previous session.The stock quoted a 52-week high and 52-week low of Rs 191.45 and Rs 133.1, respectively.
As per BSE data, total traded volume on the counter till 12:13PM (IST) stood at 12:13PM shares with turnover at Rs 6.69 crore.
At the current price, shares of the company trades at 21.05 times its trailing 12-month EPS of Rs 8.11 per share and 4.78 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.55.
Shareholding Details
Promoters held 51.53 per cent stake in the company as of 31-Dec-2023, while FIIs owned 20.48 per cent and DIIs 14.54 per cent.
Source: Stocks-Markets-Economic Times
