Ashok Leyland is currently trading at Rs. 117.65, up by 3.05 points or 2.66% from its previous closing of Rs. 114.60 on the BSE.
The scrip opened at Rs. 114.50 and has touched a high and low of Rs. 117.80 and Rs. 114.25 respectively. So far 521872 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 133.00 on 26-Oct-2017 and a 52 week low of Rs. 74.40 on 02-Dec-2016.
Last one week high and low of the scrip stood at Rs. 117.80 and Rs. 110.90 respectively. The current market cap of the company is Rs. 34334.93 crore.
The promoters holding in the company stood at 51.29%, while Institutions and Non-Institutions held 33.94% and 14.77% respectively.
Ashok Leyland is reportedly preparing to introduce 5-6 new products in the next 12 months in the LCV (light commercial vehicle) space both for domestic and international markets. While the company sees opportunities to fill the gaps between Dost and Partner LCVs and in some higher tonnage categories, it will strengthen its presence in the Dost segment, sub-3.5 tonne GVW (gross vehicle weight).
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.
