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Ashok Leyland catches speed on bagging Rs 120 crore order from Rivigo

11 Aug 2017 Evaluate

Ashok Leyland is currently trading at Rs. 104.45, up by 1.15 points or 1.11% from its previous closing of Rs. 103.30 on the BSE.

The scrip opened at Rs. 101.00 and has touched a high and low of Rs. 105.45 and Rs. 98.80 respectively. So far 749350 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 114.25 on 08-Aug-2017 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. 114.25 and Rs. 101.25 respectively. The current market cap of the company is Rs. 30275.00 crore.

The promoters holding in the company stood at 51.29%, while institutions and non-institutions held 31.73% and 16.98% respectively.

Ashok Leyland has bagged an order for over Rs 120 crore from Rivigo, which is India’s most innovative and fastest growing logistics company. This order of 500 fully-built vehicles is driven by the success of the innovative Intelligent Exhaust Gas Recirculation (iEGR) technology which has been developed indigenously by Ashok Leyland. Developed to achieve the BS-IV emission norms, iEGR technology was launched in April 2017 for engines up to 400HP - a feat no other OEM has achieved globally.

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

176.65 0.90 (0.51%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Ashok Leyland 176.65
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