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Ashok Leyland moves up despite reporting 12% drop in December sales

03 Jan 2017 Evaluate

Ashok Leyland is currently trading at Rs. 81.05, up by 0.10 points or 0.12% from its previous closing of Rs. 80.95 on the BSE.

The scrip opened at Rs. 81.10 and has touched a high and low of Rs. 81.50 and Rs. 80.55 respectively. So far 584498 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. 73.60 on 22-Nov-2016.

Last one week high and low of the scrip stood at Rs. 81.50 and Rs. 75.10 respectively. The current market cap of the company is Rs. 23008.91 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 reported a fall of 12% in December 2016 sales to 10,731 units, as against 12,154 units sold in the same period of last year. The company has experienced a drop of 9% in its medium and heavy commercial vehicle (M&HCV) products segment to 8,782 units in December 2016, as compared to 9,703 units in December 2015. Light commercial vehicle (LCV) of the company registered sales of 1,949 units in December 2016 as against 2,451 units in December 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.

Ashok Leyland Share Price

174.75 -1.90 (-1.08%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Ashok Leyland 174.75
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