Ashok Leyland Share Price: Ashok Leyland shares 1.16% as Sensex falls
Shares of Ashok Leyland Ltd. traded 1.16 per cent at Rs 229.40 at 12:54PM (IST) on Monday, even as BSE benchmark Sensex 110.68 points to 81598.44. The stock had settled at Rs 232.10 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 264.70 and Rs 157.65, respectively.
As per BSE data, total traded volume on the counter till 12:54PM (IST) stood at 12:54PM shares with turnover at Rs 10.70 crore.
At the current price, the stock trades at 25.58 times its trailing 12-month earnings per share of Rs 8.95 per share and 5.58 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…
