ASHOK LEYLAND Plunges by 5%; BSE AUTO Index Down 0.9%
May 22, 2020 02:03 PM

ASHOK LEYLAND share price has plunged 5% and is presently trading at Rs 46.

Meanwhile, the BSE AUTO Index is at 13,040 (down 0.9%).

Among the top losers in the BSE AUTO Index today is ASHOK LEYLAND (down 5.2%).

M&M (up 1.4%) and HERO MOTOCORP (up 0.3%) are among the top gainers today.

Over the last one year, ASHOK LEYLAND has moved down from Rs 88 to Rs 46, registering a loss of Rs 42 (down 47.9%)..

The BSE AUTO has moved down from 18,489 to 13,040, loss of 5,449 points (down 29.5%) during the last 12 months.

The top gainers among the BSE AUTO Index stocks during this same period were BALKRISHNA INDUSTRIES (up 28.9%) and MRF LTD. (up 5.0%).

What About the Benchmark Indices?

The BSE Sensex is at 31,108 (down 1.1%). The top gainers among the BSE Sensex stocks today are INFOSYS (up 2.8%). The most traded stocks in the BSE Sensex are M&M and INFOSYS.

In the meantime, NSE Nifty is at 9,150 (down 1.1%). ZEE ENTERTAINMENT (up 5.3%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,970 to 31,108, registering a loss of 7,862 points (down 21.52%).

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 13.5x.