Ashok Leyland is currently trading at Rs. 122.90, up by 1.85 points or 1.53% from its previous closing of Rs. 121.05 on the BSE.
The scrip opened at Rs. 120.00 and has touched a high and low of Rs. 123.30 and Rs. 120.00 respectively. So far 187225 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. 81.00 on 29-Mar-2017.
Last one week high and low of the scrip stood at Rs. 125.25 and Rs. 118.75 respectively. The current market cap of the company is Rs. 35710.67 crore.
The promoters holding in the company stood at 51.27%, while Institutions and Non-Institutions held 34.13% and 14.61% respectively.
Ashok Leyland is aiming to increase its export basket of light commercial vehicles (LCV) to 25 per cent from the present 5 per cent over the next three years. In this regard, the company will invest Rs 400 crore into a new platform of LCVs that will continue to launch a new product every six months.
Moreover, the company is targeting all the Gulf countries, Russia, Ukraine and lot of West African countries that follow left-hand drive and its left-hand drive vehicles will start coming from June this year.
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.
Company Name | CMP |
---|---|
Tata Motors | 999.35 |
Ashok Leyland | 185.10 |
Force Motors | 9584.60 |
Olectra Greentech | 1746.05 |
Tata Motors - DVR | 673.90 |
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