ASHOK LEYLAND Plunges by 15%; BSE AUTO Index Down 7.6%
March 19, 2020 09:31 AM

ASHOK LEYLAND share price has plunged 15% and is presently trading at Rs 58.

Meanwhile, the BSE AUTO Index is at 11,918 (down 7.6%).

Among the top losers in the BSE AUTO Index today is ASHOK LEYLAND (down 14.5%).

Over the last one year, ASHOK LEYLAND has moved down from Rs 92 to Rs 58, registering a loss of Rs 34 (down 36.9%)..

The BSE AUTO has moved down from 19,428 to 11,918, loss of 7,510 points (down 38.7%) during the last 12 months.

The top gainers among the BSE AUTO Index stocks during this same period were MRF LTD. (up 0.4%).

What About the Benchmark Indices?

The BSE Sensex is at 27,773 (down 7.2%). The top gainers among the BSE Sensex stocks today are POWER GRID (up 0.4%). The most traded stocks in the BSE Sensex are POWER GRID.

In the meantime, NSE Nifty is at 8,099 (down 6.2%).

Over the last 12 months, the BSE Sensex has moved down from 38,095 to 27,773, registering a loss of 10,322 points (down 29.65%).

ASHOK LEYLAND Financial Update...

ASHOK LEYLAND net profit down at Rs 278 million for the quarter ended December 2019, compared to a loss of Rs 4 billion a year ago. Net Sales declined 36.5% to Rs 40.2 billion during the period as against Rs 63.3 billion in October-December 2018.

For the year ended March 2019, ASHOK LEYLAND reported 19.7% increase in net profit to Rs 21.8 billion compared to net profit of Rs 18.2 billion during FY18.

Revenue of the company grew 11.0% to Rs 332 billion during FY19.

The current Price to earnings ratio of ASHOK LEYLAND, based on rolling 12 month earnings, stands at 17.0x.