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Ashok Leyland trades in green on BSE

26 Jun 2015 Evaluate

Ashok Leyland is currently trading at Rs 70.60, up by 0.75 points or 1.07% from its previous closing of Rs 69.85 on the BSE.

The scrip opened at Rs. 69.85 and has touched a high and low of Rs. 70.90 and Rs. 69.20 respectively. So far 783623 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 77.00 on 15-Apr-2015 and a 52 week low of Rs. 29.05 on 14-Jul-2014.

Last one week high and low of the scrip stood at Rs. 72.15 and Rs. 68.90 respectively. The current market cap of the company is Rs. 20077.66 crore.

The promoters holding in the company stood at 38.82 % while Institutions and Non-Institutions held 32.44 % and 16.37 % respectively.

Ashok Leyland’s light commercial vehicle (LCV) ‘Dost’ has crossed one lakh sales mark. Currently, ‘Dost’ is the largest volume brand in the company’s portfolio, with customers, not just in India, but across countries like Sri Lanka, Nepal, Bangladesh, Myanmar, South Africa, Kenya, Tanzania, Mozambique, Malawi, Male and the UAE.

Dost fills an important gap in the company's portfolio, and 1,00,000 Dost vehicles on road, across 11 countries, is a proof of a good product design, solid engineering, and strong market acceptance.

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.

Peers
Company Name CMP
Tata Motors 429.95
Ashok Leyland 149.20
Force Motors 16928.10
Olectra Greentech 1085.20
SML Mahindra 6065.05
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