Ashok Leyland is currently trading at Rs. 81.20, up by 2.90 points or 3.70% from its previous closing of Rs. 78.30 on the BSE.
The scrip opened at Rs. 79.00 and has touched a high and low of Rs. 81.60 and Rs. 78.75 respectively. So far 751365 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 87.50 on 24-Jan-2020 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. 81.60 and Rs. 69.05 respectively. The current market cap of the company is Rs. 23616.32 crore.
The promoters holding in the company stood at 51.54%, while Institutions and Non-Institutions held 29.65% and 18.73% respectively.
Ashok Leyland has received a large order from a logistics start-up company, Procure Box. The company has placed an order of 1400 intermediate commercial vehicles (ICVs) for its fuel distribution business across 750 districts, in the country. The order encompasses the most successful Ashok Leyland product - the Ecomet and will be executed in the next 5-6 months.
With the addition of 1400 new Ashok Leyland ICVs, the logistics start-up and its associates will become the top fuel bowsing and Gas cylinder logistics company in the industry.
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.
