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Ashok Leyland rises on selling 18 lakh shares of Induslnd Bank

30 Sep 2015 Evaluate

Ashok Leyland is currently trading at Rs. 91.45, up by 0.80 points or 0.88% from its previous closing of Rs. 90.65 on the BSE.

The scrip opened at Rs. 91.30 and has touched a high and low of Rs. 92.35 and Rs. 91.20 respectively. So far 626549 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 99.50 on 18-Aug-2015 and a 52 week low of Rs. 40.55 on 30-Sep-2014.

Last one week high and low of the scrip stood at Rs. 92.85 and Rs. 87.35 respectively. The current market cap of the company is Rs. 26054.00 crore.

The promoters holding in the company stood at 38.82% while Institutions and Non-Institutions held 32.56% and 16.24% respectively.

Ashok Leyland has cumulatively sold 18,00,000 equity shares of Rs10 each held in Induslnd Bank in the open market during the period between September 25- 29, 2015. The company has sold these shares at a net price of Rs 918.76 per share.

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 428.75
Ashok Leyland 149.20
Force Motors 16950.00
Olectra Greentech 1084.50
SML Mahindra 6063.00
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