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    Ashok Leyland shares gain 3.0% as Sensex rises

    Synopsis

    A total of 386,073 shares changed hands on the counter till 10:31AM (IST)

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    Analysts said Nifty faced stiff resistance near 9,500 on Friday and remained mostly rangebound between 9,000 and 9,500 levels.

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    Shares of the Ltd. traded at Rs 113.2 on BSE at 10:31AM (IST) on Tuesday, up 3.0 per cent. The stock quoted a 52-week low price of Rs 42.05 and a high of Rs 138.85.

    Earlier in the day, the stock saw a gap up opening.

    At the prevailing price, the stock traded at -66.53 times its trailing 12-month EPS of Rs -1.7 per share and 1.62 times its book value, as per BSE data.

    A total of 386,073 shares changed hands on the counter till 10:31AM (IST). The stock commands a market value of Rs 33244.85 crore and is part of the Auto - Cars/UV/CV industry.

    The scrip has been an outperformer , up 136.08 per cent in the past one year in comparison with a 74.84 per cent gain in Sensex.

    During the day, the stock moved between Rs 114.25 and Rs 111.0.

    Promoter/FII Holding
    Promoters held 0.0 per cent in the company as of 31-Mar-2021. FII and MF ownership in Ashok Leyland Ltd. stood at 17.93 per cent and 9.68 per cent, respectively.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

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