Ashok Leyland Share Value: Ashok Leyland shares up 1.05% as Nifty features
The inventory opened at Rs 257.6 and touched an intraday excessive and low of Rs 260.2 and Rs 256.75, respectively, within the session to this point. Shares of the corporate of Ashok Leyland Ltd. quoted a 52-week excessive of Rs 260.2 and a 52-week low of Rs 157.65.
As per BSE, the whole market cap of the Ashok Leyland Ltd. stood at Rs 75642.37 crore on the time of scripting this report.
Key Financials
The corporate reported consolidated gross sales of Rs 10754.43 crore for the quarter ended 30-Jun-2024, down 21.0 per cent from earlier quarter’s Rs 13613.29 crore and down 10.47 per cent from the year-ago quarter’s Rs 9735.45 crore.
The online revenue for contemporary quarter stood at Rs 509.15 crore, down 6.39 per cent from the identical quarter a 12 months in the past.
Shareholding sample
As of 30-Jun-2024, DIIs held 6.74 per cent stake within the agency, whereas overseas institutional traders held 21.85 per cent and the promoters 0.0 per cent.
Valuation ratio
In response to BSE knowledge, the inventory traded at a P/E a number of of 30.89 and a price-to-book ratio of 5.58. A better P/E ratio exhibits traders are prepared to pay the next worth due to higher future progress expectations. Value-to-book worth signifies the inherent worth of an organization and is the measure of the value that traders are able to pay even for no progress within the enterprise.
Ashok Leyland Ltd. belongs to the Auto – Vehicles/UV/CV business.
