Ashok Leyland gains on rolling out Electric buses into Chandigarh

Ashok Leyland Ltd. | Automobiles-Trucks/Lcv | Automobiles | BSE: 500477 | NSE: ASHOKLEY

12 Aug 2021 Evaluate

Ashok Leyland is currently trading at Rs. 133.85, up by 0.35 points or 0.26% from its previous closing of Rs. 133.50 on the BSE.

The scrip opened at Rs. 134.75 and has touched a high and low of Rs. 134.85 and Rs. 133.00 respectively. So far 297698 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 143.25 on 03-Aug-2021 and a 52 week low of Rs. 51.85 on 12-Aug-2020.

Last one week high and low of the scrip stood at Rs. 137.55 and Rs. 128.85 respectively. The current market cap of the company is Rs. 39292.03 crore.

The promoters holding in the company stood at 51.54%, while Institutions and Non-Institutions held 35.27% and 13.20% respectively.

Ashok Leyland has rolled out Electric buses into Chandigarh with its Governor V P Singh Badnore flagging off the first set of 40 buses. The Chennai-based heavy commercial vehicle manufacturer had bagged the order to build the electric buses that are equipped with quick charging technology. The fleet would save about 6.5 lakh litres of fuel and reduce carbon emissions of about 1,700 tonnes per annum.

The company would operate and maintain the fleet and the infrastructure for charging would be developed across four locations. The charging stations would be developed by Switch Mobility, the electric vehicle arm (of Ashok Leyland), in partnership with SIEMENS.

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

168.65 -2.05 (-1.20%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Ashok Leyland	168.65
Force Motors	20878.00
Olectra Greentech	1340.60
Tata Motors	431.10
SML Mahindra	3800.40
View more..

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