Ashok Leyland shares decline 3.06% as Sensex slides

Shares of the Ashok Leyland Ltd. traded at Rs 172.2 on BSE at 01:13PM (IST) on Wednesday, down 3.06 per cent from previous close.

The stock quoted a 52-week low price of Rs 133.1 and a high of Rs 191.45.

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

A total of 365,347 lakh shares changed hands on the counter till 01:13PM (IST).

The stock of Ashok Leyland Ltd. commands a market value of Rs 50530.75 crore.

The stock traded at a price-to-earning (P/E) multiple of 28.4, while the price-to-book value ratio stood at 4.78. Return on equity (ROE) was at 14.57 per cent, according to exchange data.

In the BSE500 pack, 82 stocks traded in the green, while 419 stocks were in the red.

Promotor Holding
Promoters held 51.53 per cent in the Ashok Leyland Ltd. as of 30-Jun-2023 while overseas and domestic institutional investors owned 16.59 per cent and 20.79 per cent, respectively.