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Ashok Leyland trades in green on the BSE

02 Nov 2012 Evaluate

Ashok Leyland is currently trading at Rs. 24.00, up by 0.40 points or 1.69% from its previous closing of Rs. 23.60 on the BSE.

The scrip opened at Rs. 24.00 and has touched a high and low of Rs. 24.50 and Rs. 23.90 respectively. So far 5858666 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 32.90 on 02-May-2012 and a 52 week low of Rs. 20.05 on 22-Dec-2011.

Last one week high and low of the scrip stood at Rs. 24.50 and Rs. 22.90 respectively. The current market cap of the company is Rs. 6385.62 crore.

The promoters holding in the company stood at 38.61% while Institutions and Non-Institutions held 29.11% and 18.86% respectively.

Ashok Leyland Defence Systems, a joint venture company, has launched an Armoured Troop Carrier (ATC) -- STALLION ‘Kavach’. The company has launched the same at the IFSEC & Homeland Security India Exhibition being held at the India Expo Centre in Greater NOIDA.

The company’s range of tactical and armoured transport solutions will be strengthened following the launch of STALLION ‘Kavach’.

Ashok Leyland Defence Systems is a newly floated company by the Hinduja Group to consolidate the Group’s defence business. Ashok Leyland Defence Systems is engaged in the development of a range of tactical and armoured vehicles with military payloads ranging from 1.5 to 20 tonnes.

Peers
Company Name CMP
Tata Motors 434.35
Ashok Leyland 163.95
Force Motors 17705.00
Olectra Greentech 1210.30
SML Mahindra 6591.10
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