Ashok Leyland shares drop 1.37% as Sensex falls

Ashok Leyland shares drop 1.37% as Sensex falls
ETMarkets.com
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Synopsis

A total of 152,183 shares changed hands on the counter till 12:33PM (IST)

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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 . traded 1.37 per cent down at Rs 147.4 at 12:33PM (IST) on Monday, even as BSE benchmark Sensex dropped 722.89 points to 58110.98. The stock had closed at Rs 149.45 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 158.15 and Rs 93.2, respectively.

As per BSE data, total traded volume on the counter till 12:33PM (IST) stood at 12:33PM shares with turnover at Rs 2.23 crore.

At the prevailing price, the stock trades at -2591.0 times its trailing 12-month EPS of Rs -0.06 per share and 4.71 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.55.

Shareholding Details
Promoters held 51.54 per cent stake in the company as of 30-Jun-2022, while FIIs owned 15.03 per cent and DIIs 21.74 per cent.
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