Ashok Leyland is currently trading at Rs. 33.80, up by 0.50 points or 1.50% from its previous closing of Rs. 33.30 on the BSE.
The scrip opened at Rs. 34.05 and has touched a high and low of Rs. 34.50 and Rs. 33.25 respectively. So far 389027 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 39.00 on 26-Jun-2014 and a 52 week low of Rs. 11.82 on 29-Aug-2013.
Last one week high and low of the scrip stood at Rs. 34.65 and Rs. 31.20 respectively. The current market cap of the company is Rs. 9547.92 crore.
The promoters holding in the company stood at 38.82% while Institutions and Non-Institutions held 34.21% and 14.60% respectively.
Ashok Leyland is all set to launch ‘Jan Bus’ in Kolkata on July 30. The company has also lined up a number of new launches this fiscal which include variants of Bus and more of Captain. Further, the company is also looking at launching variants of its small commercial vehicle Dost, PARTNER 4 Tyre, Neptune engine.
Recently, the company reported net loss of Rs 47.95 crore for the quarter under review as compared to a net loss of Rs 141.75 crore for the quarter ended June 30, 2013. The company’s total income has increased by 5.25% to Rs 2500.92 crore for the quarter under review from Rs 2376.07 crore for the corresponding quarter of the previous year.
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.
