Stock Name – Ashok Leyland
Listed Exchange: NSE, BSE, AUTO
NSE Code- ASHOKLEY
P/E or Price to Equity Ratio: 72.27
EPS or Earnings per Share: 0.22
P/B or Price to book value ratio: 0.95
Market Capitalization: Rs. 4,230 crore
Current Price on NSE – 15.90
52 Week Low – 11.75
52 Week High – 28.1
Our Review of Ashok Leyland Stock
Ashok Leyland stock has struggled in the last couple of years. However, it has recovered from its 52 week low level. Though far off from the highest level reached before, experts are positive on the stock in the coming few months.
If you had invested in the stock 5 year ago, you would have invested at a level of 6.75, which implies a total return of close to 75%. It has beaten inflation by a good margin and is of course a tax free return. The company has strong market reach in the automobile sector. You can purchase this stock for the long term.