Ashok Leyland shares climb 4.5% on strong Feb sales

Written By Unknown on Senin, 02 Maret 2015 | 23.25

Ashok Leyland on Monday reported 36 percent jump in total sales at 10,762 units for February, 2015, as against 7,915 units in the same month last year.

Shares of Ashok Leyland , Monday surged over 4.5 percent after the company reported 36 percent jump in total sales for February, 2015.

The scrip ended 4.52 percent higher at Rs 72.90 on the BSE. During the day, it gained 4.8 percent to Rs 73.10 - its 52-week high.

At the NSE, it climbed 4.51 percent to close at Rs 73. In terms of volume, 41.55 lakh shares of the company changed hands at the BSE and over 3 crore shares were traded at the NSE during the day.

Ashok Leyland on Monday reported 36 percent jump in total sales at 10,762 units for February, 2015, as against 7,915 units in the same month last year.

Sales for heavy and medium commercial vehicles increased by 48 percent at 8,230 units in February as against 5,576 units in the year-ago period, the company said in a filing to the BSE. Light commercial vehicles sales also went up by 8 percent and stood at 2,532 units against 2,339 units in February last year.

Ashok Leyland stock price

On March 02, 2015, Ashok Leyland closed at Rs 72.90, up Rs 3.15, or 4.52 percent. The 52-week high of the share was Rs 73.10 and the 52-week low was Rs 15.40.


The company's trailing 12-month (TTM) EPS was at Rs 1.65 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 44.18. The latest book value of the company is Rs 15.69 per share. At current value, the price-to-book value of the company is 4.65.


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