Foreign institutional investors (FIIs) have decreased their stake in Ashok Leyland by 18 basis points to 20.21% in Q2FY16 as compared to 20.39% in previous quarter. However, domestic institutional investors (DIIs) have raised their holding in the company by 30 basis points to 12.36% at the end of September 2015 quarter from 12.06% as on June 30, 2015.
Non Institutions were holding 16.23% stake at the end of September 2015 quarter, down 12 basis points from 16.35% as on June 30, 2015, while the Corporate bodies were holding 4.32% stake at the end of September 2015 quarter, down 38 basis points from 4.7% as on June 30, 2015. Further, the company’s promoters’ shareholding was unchanged at 38.82% at the end of September 2015.
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.
| Company Name | CMP |
|---|---|
| Ashok Leyland | 174.75 |
| Force Motors | 22382.80 |
| Olectra Greentech | 1226.25 |
| Tata Motors | 439.15 |
| SML Mahindra | 4317.20 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: