Ashok Leyland zooms on launching BOSS LX, LE with i-Gen6 Technology

22 Oct 2020 Evaluate

Ashok Leyland is currently trading at Rs. 78.30, up by 2.85 points or 3.78% from its previous closing of Rs. 75.45 on the BSE.

The scrip opened at Rs. 75.25 and has touched a high and low of Rs. 78.60 and Rs. 75.00 respectively. So far 1032318 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. 78.60 and Rs. 73.25 respectively. The current market cap of the company is Rs. 22823.72 crore.

The promoters holding in the company stood at 51.54%, while Institutions and Non-Institutions held 32.24% and 16.23% respectively.

Ashok Leyland has launched the BOSS LE and LX Trucks, with i-Gen6 BS-VI technology in BS6. BOSS Brand has been one of the leading brands, from Ashok Leyland, in the Intermediate Commercial Vehicle (ICV) segment. These two vehicles will address the 11.1 tonne to 14.05 tonne GVW market. Customers can choose from multiple combinations - Loading span from 14ft to 24 ft and body type options of high side deck, fixed side deck, drop side deck, cab chassis, container and tipper. Prices of BOSS LE and LX start from Rs 18 lakh, ex-showroom Mumbai / Delhi / Chennai.

The BOSS platform offers multiple applications including usage for parcel & courier, poultry, white goods, agri-perishable, e-commerce, FMCG, auto parts and reefer, among others. Customers can choose from two cabin options and expect multiple improvement over BS-IV technology like up to 7% higher fluid efficiency, up to 5% better tyre life, up to 30% longer service interval and up to 5% lower maintenance cost. BOSS will be available as a fully-built option with class-leading ergonomic and safety features for the driver. It comes bundled with digital solutions like i-Alert, remote diagnostics.

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

177.55 2.90 (1.66%)
24-Apr-2024 16:01 View Price Chart
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