Shares of Ashok Leyland Ltd. traded 2.11 % in Friday's trade at 01:38PM (IST). Around 300,728 shares changed hands on the counter.

The scrip opened at INR 214.15 and touched an intraday high and low of INR 214.45 and INR 207.60, respectively, in the session so far. Shares of the company of Ashok Leyland Ltd. quoted a 52-week high of Rs 264.70 and a 52-week low of INR 157.65.

As per BSE, the total market cap of the Ashok Leyland Ltd. stood at INR 61797.11 crore at the time of writing this report.

Key Financials

The company reported consolidated net sales of INR 11261.8400 crore for the quarter ended 30-Sep-2024, 4.72 per cent from previous quarter's Rs 10754.4300 crore and 1.76 per cent from the year-ago quarter's INR 11463.0300 crore.

The net for latest quarter stood at Rs 705.64 crore, 34.15 % from the same quarter a year ago.

Shareholding pattern

As of 30-Sep-2024, domestic institutional investors held 5.34 % stake in the firm, while foreign institutional investors held 24.2 % and the promoters 0.0 %.


Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of 23.51 and a price-to-book ratio of 5.58. 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.

Ashok Leyland Ltd. belongs to the Auto - Cars/UV/CV industry.