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Ashok Leyland trades jubilantly on bagging orders worth Rs 1,500 crore

09 Sep 2014 Evaluate

Ashok Leyland is currently trading at Rs. 40.15, up by 1.55 points or 4.02% from its previous closing of Rs. 38.60 on the BSE.

The scrip opened at Rs. 38.85 and has touched a high and low of Rs. 40.45 and Rs. 38.20 respectively. So far 2028901 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 40.45 on 09-Sep-2014 and a 52 week low of Rs. 13.05 on 10-Sep-2013.

Last one week high and low of the scrip stood at Rs. 40.45 and Rs. 36.80 respectively. The current market cap of the company is Rs. 11042.00 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, flagship of the Hinduja Group, and the largest supplier of buses to state transport corporations, has received orders worth Rs 1,500 crore for around 4000 buses from State Transport Undertakings (STUs).

A total of 22 STUs across the country including Calcutta State Transport Corporation (CSTC), Bangalore Metropolitan Transport Corporation (BMTC), Andhra Pradesh State Road Transport Corporation (APSRTC), Jaipur City Transport Services (JCTSL), and Pune Mahanagar Parivahan Mahamandal (PMPML) have placed large orders on the company.

The company will offer a mix of JanBus, midi-buses and Ultra Low Entry (ULE) buses as a part of the 4000 buses ordered under JNNURM-II. The supply of these buses has started and many of them are already carrying passengers.

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

175.60 0.85 (0.49%)
20-Apr-2026 11:38 View Price Chart
Peers
Company Name CMP
Ashok Leyland 175.60
Force Motors 22115.05
Olectra Greentech 1206.40
Tata Motors 435.70
SML Mahindra 4316.20
View more..

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