Ashok Leyland is currently trading at Rs. 75.70, down by 1.30 points or 1.69% from its previous closing of Rs. 77.00 on the BSE.
The scrip opened at Rs. 78.00 and has touched a high and low of Rs. 78.00 and Rs. 74.85 respectively. So far 449165 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 97.70 on 16-Apr-2019 and a 52 week low of Rs. 56.95 on 23-Aug-2019.
Last one week high and low of the scrip stood at Rs. 87.00 and Rs. 74.85 respectively. The current market cap of the company is Rs. 22207.26 crore.
The promoters holding in the company stood at 51.12%, while Institutions and Non-Institutions held 31.62% and 17.26% respectively.
Ashok Leyland has reported a fall of 40% in January 2020 sales (Domestic + Exports) to 11,850 units, as against 19,741 units sold in the same month of last year. The company reported a decline of 47% in its medium and heavy commercial vehicle (M&HCV) products segment to 7,754 units in January 2020, as compared to 14,694 units sold in January 2019.
The light commercial vehicle (LCV) segment of the company registered sales of 4,096 units in January 2020, a fall of 19%, as compared to 5,047 units sold in January 2019.
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.
