Ashok Leyland is currently trading at Rs. 49.80, up by 1.25 points or 2.57% from its previous closing of Rs. 48.55 on the BSE.
The scrip opened at Rs. 51.10 and has touched a high and low of Rs. 51.75 and Rs. 48.20 respectively. So far 1324268 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 94.90 on 24-May-2019 and a 52 week low of Rs. 33.70 on 25-Mar-2020.
Last one week high and low of the scrip stood at Rs. 51.75 and Rs. 45.80 respectively. The current market cap of the company is Rs. 14677.64 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 resumed operations in all its plants across the Country, after obtaining necessary approvals from the relevant authorities. In accordance with the stated guidelines as given by the Ministry of Home Affairs (MHA) and the relevant local authorities, the company shall be ensuring all the necessary health and safety protocols in its facilities, for all stakeholders.
The company will gradually ramp up production across facilities after taking into consideration the Work in Progress (WIP) that were on hold at the time of announcement of lock-down, the supply chain readiness after opening and most importantly the preparedness of the ancillary units to supply critical components, for sustained production of vehicles.
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.
