Ashok Leyland share price up 1.18 per cent

Shares of . traded 1.18 per cent up at Rs 124.1 at around 01:03PM (IST) on Monday. The stock had closed at Rs 122.65 in the previous session. Equity benchmark Sensex traded 132.2 points higher at 52925.82 around the same time.


The scrip has climbed 10.57 per cent in the last one year till date, while the 30-share index has gained 7.66 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 93.2.

Trading volume on the counter stood at 374,600 shares, while it quoted a price-to-earnings ratio of -247.82, an EPS value of -0.5 and a price-to-book value of 4.24. In the Nifty50 pack, 29 stocks traded in the green, while 21 stocks were in the red.

Promoter/FII Holding
Promoters held 51.54 per cent stake in the company as of 31-Mar-2022, while overseas investor and MF ownership stood at 13.45 per cent and 15.43 per cent, respectively.

Key Financials
For the quarter ended 31-Dec-2021, the company reported consolidated sales of Rs 6675.83 crore, up 19.49 per cent from the previous quarter's Rs 5586.91 crore and up 11.26 per cent from the year-ago quarter's Rs 6000.28 crore. The company reported net loss of Rs 121.56 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.