The company announced result during trading hours today, 16 July 2013.
Meanwhile, the S&P BSE Sensex was down 160.91 points, or 0.80%, to 19,873.57.
On BSE, 21.96 lakh shares were traded in the counter as against an average daily volume of 4.21 lakh shares in the past one quarter.
The stock hit a low of Rs 15.90 so far during the day, which is also a 52-week low for the counter. The stock hit a high of Rs 17.30 so far during the day. The stock had hit a 52-week high of Rs 28.70 on 3 December 2012.
The stock had underperformed the market over the past one month till 15 July 2013, sliding 22.10% compared with the Sensex's 4.47% rise. The scrip had underperformed the market in past one quarter, falling 20.86% as against Sensex's 9.13% rise.
The mid-cap company has an equity capital of Rs 266.07 crore. Face value per share is Re 1.
Ashok Leyland's total income fell 21.83% to Rs 2376.06 crore in Q1 June 2013 over Q1 June 2012.
Meanwhile, Ashok Leyland announced after market hours on Monday, 15 July 2013, that its promoter, Hinduja Automotive, pledged 23.70 crore shares, or 17.47% of the total promoter holding, in the company.
The promoter entity holds 135 crore shares in Ashok Leyland, of which 47.41 crore shares, or 34.95%, have been pledged.
Total pledged shares amount to 17.82% of the company's total equity shares, the company said in a disclosure.
Ashok Leyland, the flagship of the Hinduja Group, is the second largest maker of commercial vehicles in India after Tata Motors.
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