Ashok Leyland is currently trading at Rs. 57.10, up by 3.70 points or 6.93% from its previous closing of Rs. 53.40 on the BSE.
The scrip opened at Rs. 54.20 and has touched a high and low of Rs. 57.40 and Rs. 54.20 respectively. So far 2155248 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 56.15 on 13-Nov-2014 and a 52 week low of Rs. 14.90 on 17-Feb-2014.
Last one week high and low of the scrip stood at Rs. 53.55 and Rs. 49.60 respectively. The current market cap of the company is Rs. 15196.98 crore.
The promoters holding in the company stood at 38.82% while Institutions and Non-Institutions held 34.70% and 14.10% respectively.
Ashok Leyland, the commercial vehicle manufacturer, has reported an increase of 48% in sales in December 2014 to 9,290 units as against 6,275 units sold in the same period of last year. The company has experienced a rise of 85% in its medium and heavy commercial vehicle (M&HCV) products segment to 7,210 units in December. The company’s light commercial vehicle (LCV) witnessed a rise of 13% to 2,080 units in December 2014. Sales for April- December 2014 went up 12% over previous year period to 70,743 units.
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.
