Ashok Leyland rises on reporting 11% growth in vehicles sales in October

02 Nov 2021 Evaluate

Ashok Leyland is currently trading at Rs. 146.70, up by 2.50 points or 1.73% from its previous closing of Rs. 144.20 on the BSE.

The scrip opened at Rs. 145.45 and has touched a high and low of Rs. 147.95 and Rs. 144.90 respectively. So far 191122 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 149.75 on 13-Oct-2021 and a 52 week low of Rs. 78.65 on 02-Nov-2020.

Last one week high and low of the scrip stood at Rs. 147.95 and Rs. 133.70 respectively. The current market cap of the company is Rs. 42330.30 crore.

The promoters holding in the company stood at 51.54%, while Institutions and Non-Institutions held 35.96% and 12.50% respectively.

Ashok Leyland has reported an 11 per cent growth in total commercial vehicles sales at 11,079 units in October 2021. The company had sold a total of 9,989 units in the same month last year. Total domestic sales were at 10,043 units as compared to 8,885 units in the corresponding month last year, a growth of 13 per cent.

Domestic sales of medium and heavy commercial vehicles were at 5,254 units as against 3,881 units in October 2020, a growth of 35 per cent. However, sales of light commercial vehicles in the domestic market were down 4per cent at 4,789 units last month as against 5,004 units in October 2020.

Ashok Leyland, the Hinduja Group flagship company in India, is engaged in the manufacturing of commercial vehicles and related components. The company’s products include buses, trucks, engines, defense and special vehicles.

Ashok Leyland Share Price

201.40 -3.15 (-1.54%)
15-May-2024 16:01 View Price Chart
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