Ashok Leyland is currently trading at Rs. 91.70, up by 0.70 points or 0.77% from its previous closing of Rs. 91.00 on the BSE.
The scrip opened at Rs. 91.60 and has touched a high and low of Rs. 92.40 and Rs. 91.20 respectively. So far 1,89,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 112.80 on 13-Apr-2016 and a 52 week low of Rs. 75.15 on 30-Sep-2016.
Last one week high and low of the scrip stood at Rs. 92.65 and Rs. 88.00 respectively. The current market cap of the company is Rs. 26,054.00 crore.
The promoters holding in the company stood at 50.38%, while Institutions and Non-Institutions held 18.70% and 30.92% respectively.
Ashok Leyland, the commercial vehicle manufacturer, has received approval from fair trade regulator Competition Commission of India (CCI) to buyout its Japanese partner Nissan Motors’ stake in three Joint Ventures (JVs). The joint ventures are Ashok Leyland Nissan Vehicles (ALNVL) for making vehicles; Nissan Ashok Leyland Power Train (NALPT) for manufacturing power trains and Nissan Ashok Leyland Technologies (NALT), which is a technology joint venture.
Earlier in September, Nissan Motors had announced that it would exit the three joint ventures by selling its stake to Ashok Leyland. Post deal, the three entities would become wholly-owned subsidiaries of Ashok Leyland.
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 | 178.15 |
| Force Motors | 22165.00 |
| Olectra Greentech | 1218.80 |
| Tata Motors | 444.85 |
| SML Mahindra | 4108.75 |
| 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: