Ashok Leyland is currently trading at Rs. 110.80, up by 2.25 points or 2.07% from its previous closing of Rs. 108.55 on the BSE.
The scrip opened at Rs. 108.50 and has touched a high and low of Rs. 110.90 and Rs. 107.85 respectively. So far 7,22,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 110.90 on 01-Apr-2016 and a 52 week low of Rs. 63.85 on 27-Apr-2015.
Last one week high and low of the scrip stood at Rs. 110.90 and Rs. 103.50 respectively. The current market cap of the company is Rs. 31,489.00 crore.
The promoters holding in the company stood at 50.38% while Institutions and Non-Institutions held 14.93% and 34.69% respectively.
Ashok Leyland, the commercial vehicle manufacturer, has reported an increase of 31% in March 2016 sales to 16,702 units as against 12,754 units sold in the same period of last year. The company has experienced a jump of 32% in its medium and heavy commercial vehicle (M&HCV) products' segment to 13,240 units in March 2016. The company’s light commercial vehicle (LCV) segment witnessed a rise of 27% to 3,462 units in March 2016.
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.
