Ashok Leyland share price up 1.03 per cent

Shares of Ashok Leyland Ltd. traded 1.03 per cent up at Rs 137.6 at around 10:25AM (IST) on Friday. The stock had closed at Rs 136.2 in the previous session. Equity benchmark Sensex traded 86.89 points lower at 58701.13 around the same time.


The scrip has climbed 1.25 per cent in the last one year till date, while the 30-share index has gained 21.42 per cent during the same period.

The stock's 52-week high price stood at Rs 153.4 and the 52-week low price at Rs 106.2.

Trading volume on the counter stood at 1,016,525 shares, while it quoted a price-to-earnings ratio of -3863.2, an EPS value of -0.04 and a price-to-book value of 4.24. In the Nifty50 pack, 18 stocks traded in the green, while 30 stocks were in the red.

Promoter/FII Holding
Promoters held 51.54 per cent stake in the company as of 31-Dec-2021, while foreign institutional investors and mutual funds' ownership stood at 15.05 per cent and 14.08 per cent, respectively.

Key Financials
For the quarter ended 30-Sep-2021, the company reported consolidated sales of Rs 5586.91 crore, up 36.16 per cent from the previous quarter's Rs 4103.27 crore and up 44.08 per cent from the year-ago quarter's Rs 3877.62 crore. The company reported net loss of Rs 103.43 crore for the latest quarter.

Technical Indicators
The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.