Ashok Leyland is currently trading at Rs. 91.80, down by 2.70 points or 2.86% from its previous closing of Rs. 94.50 on the BSE.
The scrip opened at Rs. 94.30 and has touched a high and low of Rs. 94.80 and Rs. 91.50 respectively. So far 809263 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 111.65 on 01-Jun-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. 95.70 and Rs. 87.35 respectively. The current market cap of the company is Rs. 26324.36 crore.
The promoters holding in the company stood at 50.38%, while Institutions and Non-Institutions held 27.75% and 21.86% respectively.
Ashok Leyland, the commercial vehicle manufacturer, has reported a fall of 8% in May 2017 sales to 9,071 units, as against 9,875 units sold in the same period of last year. The company has experienced a drop of 18% in its medium and heavy commercial vehicle (M&HCV) products segment to 6,139 units in May 2017, as compared to 7,469 units in May 2016. However, light commercial vehicle (LCV) of the company registered sales of 2,932 units in May 2017, a rise of 22%, as compared to 2,406 units sold in May 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.
