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    Ashok Leyland declines 1.24% as Sensex slides

    Synopsis

    The stock traded at a P/E multiple of -218.97, while the price-to-book value ratio stood at 1.62.

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    India 10-year bond yield jumped 0.38 per cent to 6.03 after trading in 6.01 - 6.04 range.
    Shares of Ltd. traded at Rs 123.15 on BSE at 02:07PM (IST) on Tuesday, down 1.24 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 48.0 and a high of Rs 138.85.

    Earlier, shares of the company saw a gap up opening in the morning.

    Did you Know?

    Stock score of Ashok Leyland Ltd moved up by 1 in a week on a 10-point scale.

    View Latest Stock Report »

    A total of 398,120 lakh shares changed hands on the counter till 02:07PM (IST).

    The stock of Ashok Leyland Ltd. commanded a market value of Rs 36180.37 crore, according to BSE.

    The stock traded at a price-to-earning (P/E) multiple of -218.97, while the price-to-book value ratio stood at 1.62. Return on equity (ROE) was at -2.1 per cent, according to exchange data.

    In the BSE500 pack, 101 stocks traded in the green, while 399 stocks were in the red.

    The stock's beta value, which measures volatility in relation to the broader market, stood at 1.55.

    Promotor/FII Holding
    Promoters held 0.0 per cent in Ashok Leyland Ltd. as of 30-Jun-2021 while overseas and domestic institutional investors owned 16.9 per cent and 11.18 per cent, respectively.

    Moving averages
    The 200-DMA of the stock stood at 110.12 on July 20, while the 50-DMA was at 123.75. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
    (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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