Ashok Leyland jumps on bagging order worth $7.6 million for 100 Falcon Buses

Ashok Leyland Ltd. | Automobiles-Trucks/Lcv | Automobiles | BSE: 500477 | NSE: ASHOKLEY

11 Jun 2012 Evaluate

Ashok Leyland is currently trading at Rs. 26.95, up by 0.40 points or 1.51% from its previous closing of Rs. 26.55 on the BSE.

The scrip opened at Rs. 26.90 and has touched a high and low of Rs. 27.05 and Rs. 26.85 respectively. So far 4,581 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 32.90 on 02-May-2012 and a 52 week low of Rs. 20.05 on 22-Dec-2011.

Last one week high and low of the scrip stood at Rs. 27.05 and Rs. 24.75 respectively. The current market cap of the company is Rs. 7,170.00 crore.

The promoters holding in the company stood at 38.61% while Institutions and Non-Institutions held 30.95% and 17.01% respectively.

Ashok Leyland has bagged order worth $7.6 million for 100 Falcon Buses. The company has supplied these 100 buses to Ghana which were inducted in the fleet of Metro Mass Transit, a transport company, in which the Government of Ghana has 45% stake, for both inter and intra-city applications on 360 routes throughout that country. This is second such major launch by Ashok Leyland in Ghana after the induction of 160 waste management trucks last year.

All theses 100 buses were specially customized into 57-seater, left hand drive buses to meet specific customer requirements. Beside, the company also becomes the first commercial manufacturer to introduce a mechanical inline fuel injection with a Euro 3 engine and electronic destination board in Ghana. The buses were handled over to Vice President of the Republic of Ghana by the company, at a recently held function.

Ashok Leyland is the flagship of the Hinduja Group and a leading manufacturer of commercial vehicles in India.

Ashok Leyland Share Price

168.65 -2.05 (-1.20%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Ashok Leyland	168.65
Force Motors	20878.00
Olectra Greentech	1340.60
Tata Motors	431.10
SML Mahindra	3800.40
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