Ashok Leyland Share Price History from 1990 to 2023

In this article, you will find the details of Ashok Leyland Share Price History. Additionally, we will provide important fundamental details about Ashok Leyland Shares.

Ashok Leyland Share Price History

The story of Ashok Leyland’s share prices is a tale of ups and downs, but it’s also a story of resilience and growth. In 1990, the shares began at ₹5.23, and while they faced a 5% dip in 1991, the subsequent years saw remarkable fluctuations.

The early ’90s were a challenging period, with share prices declining by 9.7% in 1992. However, the tide turned in 1993, with a significant 66.5% surge in share value. The ’90s were a roller-coaster, marked by substantial growth and a 45% drop in 1995.

The early 2000s presented their challenges, with a 61.6% decrease in share prices in 2000. The subsequent years, from 2001 to 2007, witnessed considerable gains. Unfortunately, the global financial crisis of 2008 hit hard, causing a massive 71.2% drop in share prices.

Ashok Leyland’s shares, however, made a remarkable comeback in 2009, surging by 229.8%, and the growth continued in the following years.

The company’s share prices reflect its ability to weather storms and emerge stronger. In 2014, share prices skyrocketed by 198.5%, and the growth trend continued, with a 71.3% increase in 2015.

The subsequent years had their share of fluctuations, but Ashok Leyland’s shares ended 2023 positively, with a 17.9% increase. This journey reflects the company’s capacity to adapt, overcome challenges, and keep moving forward, solidifying its market position.

Ashok Leyland’s shares have experienced a diverse range of challenges and successes over the years. The company’s journey showcases its ability to navigate the ever-changing stock market and its commitment to driving forward despite obstacles.

This resilience is a testament to the company’s enduring presence and potential for future growth, making it a significant player in the automotive industry.

Also Read: Ambuja Cement Share Price History

About Ashok Leyland

Ashok Leyland is a renowned Indian automotive company with a rich history from its founding in 1948. It has established itself as a prominent player in the commercial vehicle manufacturing industry. Known for its commitment to innovation, Ashok Leyland has consistently delivered many vehicles, including trucks and buses, designed to meet the diverse transportation needs of businesses and communities.

With a robust global presence and a significant market share in India, Ashok Leyland has not only served the domestic market but has also extended its operations to over 50 countries. Its commitment to sustainability and environmentally friendly technology is evident through initiatives like electric vehicles and alternative fuel options. This commitment reflects the company’s dedication to not only driving the economy but also creating a greener, more sustainable future.

Fundamentals of Ashok Leyland

Here are some primary fundamental data about Ashok Leyland (until 2023):

Market Capitalization – A Strong Presence: With a market capitalization of ₹49,679 Cr., this company has solidified its presence in the financial world. This metric reflects the total market value of its outstanding shares, providing a glimpse of its overall worth in the eyes of investors.

Stock P/E – Valuation Indicator: The stock’s Price-to-Earnings (P/E) ratio stands at 28.6, serving as a valuation indicator. It represents the price investors are ready to pay for each unit of earnings the company generates. A higher P/E may indicate higher growth expectations.

Book Value – Intrinsic Worth: With a book value of ₹29.1, this represents the intrinsic worth of each share based on the company’s financial statements. It is a valuable metric for investors evaluating the stock’s potential value.

Dividend Yield – Returns to Shareholders: The company offers a dividend yield of 1.54%, signifying the returns it provides to shareholders in the form of dividends. This metric is desirable to income-focused investors.

Return on Capital Employed (ROCE) – Efficiency Indicator: The ROCE is 11.4%, signifying the company’s efficiency in utilizing its capital to generate profits. It reflects the return on investment and is a crucial metric for assessing financial performance.

Return on Equity (ROE) – Shareholder’s Reward: With an ROE of 15.0%, this company offers an attractive return to its shareholders based on their equity investment. It reflects the company’s ability to generate profits relative to shareholder equity.

Face Value – Nominal Worth: The face value of ₹1.00 represents the nominal worth of the company’s shares. It doesn’t reflect the actual market value but is essential for legal and accounting purposes.

Earnings per Share (EPS) – Profit per Share: The EPS of ₹6.06 signifies the profit attributed to each outstanding share. It is a critical financial metric for investors to evaluate the company’s profitability per share.

Debt – Financial Obligations: With a debt of ₹31,161 Cr., the company’s financial obligations are noteworthy. Managing and servicing this debt is crucial for its financial health.

Promoter Holding – Ownership Stake: The promoter holds a 51.5% stake in the company, signifying their ownership interest and influence in its operations and decisions.

Price to Earnings (P/E) – Valuation Indicator: The P/E ratio of 28.6 is a key valuation indicator, representing the price investors are ready to pay per unit of returns the company generates.

Price to Book Value – Valuation Metric: With a price-to-book value of 5.81, this metric reflects how the market values the company concerning its book value per share.

Debt to Equity – Financial Leverage: With a debt-to-equity ratio of 3.64, the company employs financial leverage to support its operations and growth. This ratio indicates the proportion of debt used for equity.

Return on Capital Employed (ROCE) – Efficiency Metric: The ROCE of 11.4% is a crucial efficiency metric, reflecting the company’s ability to generate returns on the capital employed in its operations.

Return on Equity (ROE) – Shareholder Returns: The ROE of 15.0% is a vital metric signifying the return provided to shareholders based on their equity investment.

Incorporating these fundamental data points into investment decisions can give priceless insights into the company’s economic health and development possibilities.

(Disclaimer: The information is presented ‘as is’ and is intended solely for educational and informational purposes, not for trading decisions or professional advice. We strongly advise conducting your own thorough research before making any investment.)

Questions and Answers about Ashok Leyland