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    Ashok Leyland shares drop 3.49% as Sensex falls

    Synopsis

    A total of 594,741 shares changed hands on the counter till 02:09PM (IST)

    macdGetty Images
    MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
    Shares of the Ashok Leyland Ltd. traded at Rs 145.05 on BSE at 02:09PM (IST) on Thursday, down 3.49 per cent. The stock quoted a 52-week low price of Rs 128.35 and a high of Rs 169.4.

    Earlier in the day, the stock saw a gap down opening.

    At the prevailing price, the stock traded at 32.67 times its trailing 12-month EPS of Rs 4.44 per share and 4.78 times its book value, as per BSE data.

    A total of 594,741 shares changed hands on the counter till 02:09PM (IST). The stock commands a market value of Rs 42588.53 crore and is part of the Auto - Cars/UV/CV industry.

    The scrip has been an underperformer , up 4.31 per cent in the past one year in comparison with a 13.9 per cent gain in Sensex.

    During the day, the stock moved between Rs 150.0 and Rs 144.2.

    Promoter/FII Holding
    Promoters held 0.0 per cent in the company as of 31-Mar-2023. FII and MF ownership in Ashok Leyland Ltd. stood at 14.73 per cent and 14.41 per cent, respectively.



    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more


    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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