The stock quoted a 52-week low price of Rs 37.35 and a high of Rs 138.85.
Earlier, shares of the company saw a gap up opening in the morning.
A total of 368,776 lakh shares changed hands on the counter till 12:09PM (IST).
The stock of Ashok Leyland Ltd. commands a market value of Rs 33450.33 crore.
The stock traded at a price-to-earning (P/E) multiple of -66.94, while the price-to-book value ratio stood at 1.62. Return on equity (ROE) was at 4.33 per cent, according to exchange data.
In the BSE500 pack, 389 stocks traded in the green, while 111 stocks were in the red.
Promoters held 51.54 per cent in the Ashok Leyland Ltd. as of 31-Dec-2020 while foreign portfolio investors and domestic institutional investors owned 16.3 per cent and 17.64 per cent, respectively.