Shares of Ashok Leyland Ltd. gained 0.33 per cent to Rs 180.05 in Monday’s trade as of 10:25AM (IST). The stock hit a high price of Rs 181.9 and low of Rs 179.45 during the session. The return on equity (ROE) for the stock stood at 14.57 per cent. Traded volume on the counter stood at 10:25AM shares and turnover at Rs 7.33 crore around that time. The stock of Ashok Leyland Ltd. quoted a 52-week high and 52-week low prices of Rs 191.45 and Rs 133.1, respectively. The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.55. Promoters held 51.53 per cent stake in the company as of 30-Sep-2023, while FIIs held 20.21 per cent and domestic institutional investors had 16.5 per cent. The company reported consolidated sales of Rs 11463.03 crore for the quarter ended 30-Sep-2023, up 17.75 per cent from previous quarter’s Rs 9735.45 crore and up 19.15 per cent from the year-ago quarter’s Rs 9620.28 crore. Net profit after tax for the latest quarter stood at Rs 526.01 crore, up 220.91 per cent from the same quarter a year ago.