Stock market news: Ashok Leyland shares gain 1%

NEW DELHI: Shares of Ashok Leyland Ltd. traded 0.79 per cent up in Monday's trade at 11:48AM (IST). Around 2465434 shares changed hands on the counter. The stock opened at Rs 77.3 and touched an intraday high and low of Rs 79.35 and Rs 76, respectively, in the session so far.

The stock quoted a 52-week high of Rs 95 and a 52-week low of Rs 33.7.

Financials
Ashok Leyland Ltd., incorporated in the year 1948, is a Large Cap company (having a market cap of Rs 22515.49 Crore) operating in Auto sector.

For the quarter ended 30-06-2020, the company has reported a Consolidated sales of Rs 1480.16 Crore, down 70.91 per cent from last quarter Sales of Rs 5088.04 Crore and down 77.28 per cent from last year same quarter Sales of Rs 6514.73 Crore Company has reported net loss after tax of Rs 385.85 Crore in latest quarter.

Ashok Leyland Ltd. key Products/Revenue Segments include Commercial Vehicles which contributed Rs 25307.78 Crore to Sales Value (85.95 per cent of Total Sales), Spare Parts & Others which contributed Rs 1880.47 Crore to Sales Value (6.38 per cent of Total Sales), Sale of services which contributed Rs 830.30 Crore to Sales Value (2.81 per cent of Total Sales), Ferrous Castings which contributed Rs 516.38 Crore to Sales Value (1.75 per cent of Total Sales), Engine & Gensets which contributed Rs 468.04 Crore to Sales Value (1.58 per cent of Total Sales), Other Operating Revenue which contributed Rs 257.16 Crore to Sales Value (0.87 per cent of Total Sales), Scrap which contributed Rs 122.60 Crore to Sales Value (0.41 per cent of Total Sales) and Export Incentives which contributed Rs 61.16 Crore to Sales Value (0.20 per cent of Total Sales)for the year ending 31-Mar-2019.

Valuation ratio
It quoted a price-to-earnings ratio of -70.31 and price to book value of 1.62.