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Ashok Leyland surges on reporting 27% growth in August sales

03 Sep 2018 Evaluate

Ashok Leyland is currently trading at Rs. 133.55, up by 4.30 points or 3.33% from its previous closing of Rs. 129.25 on the BSE.

The scrip opened at Rs. 132.70 and has touched a high and low of Rs. 135.10 and Rs. 132.50 respectively. So far 1023551 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 167.50 on 08-May-2018 and a 52 week low of Rs. 105.20 on 19-Jul-2018.

Last one week high and low of the scrip stood at Rs. 135.10 and Rs. 127.80 respectively. The current market cap of the company is Rs. 39115.90 crore.

The promoters holding in the company stood at 51.13%, while Institutions and Non-Institutions held 33.66% and 15.13% respectively.

Ashok Leyland has reported a jump of 27% in August 2018 sales to 17,386 units, as against 13,637 units sold in the same month of last year. The company reported a rise of 24% in its medium and heavy commercial vehicle (M&HCV) products segment to 13,158 units in August 2018, as compared to 10,570 units sold in August 2017.

The light commercial vehicle (LCV) segment of the company registered sales of 4,228 units in August 2018, a jump of 38% as compared to 3,067 units sold in August 2017.

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

176.20 1.45 (0.83%)
20-Apr-2026 14:37 View Price Chart
Peers
Company Name CMP
Ashok Leyland 176.20
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