Ashok Leyland rises on launching 5-axle rigid truck in Hyderabad

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

31 Dec 2012 Evaluate

Ashok Leyland is currently trading at Rs. 26.95, up by 0.05 points or 0.19% from its previous closing of Rs. 26.90 on the BSE.

The scrip opened at Rs. 27.05 and has touched a high and low of Rs. 27.15 and Rs. 26.95 respectively. So far 104118 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. 20.25 on 30-Aug-2012.

Last one week high and low of the scrip stood at Rs. 27.30 and Rs. 26.35 respectively. The current market cap of the company is Rs. 7170.52 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, a leading manufacturer of commercial vehicles in India has unveiled its new 5-axle rigid truck in Hyderabad, offering a payload of up to 25 tonnes that is the highest in rigid trucks thereby making it one of the most efficient vehicles in its category.

The new truck which has got 5-axles two steerable front axles, two rear axles and a self-steerable pusher lift axle at the middle that gives the vehicle better balance and greater efficiency in carrying more loads. It is also equipped with a user-friendly in-line fuel injection pump for higher mileage and lower maintenance cost, a 9-speed gearbox and is powered by a proven, fuel-efficient 180 HP ‘H’ series engine.

Besides, the vehicle has been carefully designed and engineered to meet a specific customer requirement for higher capacity rigid trucks that can carry more loads translating into better operational economics.

Ashok Leyland Share Price

160.30 -0.40 (-0.25%)

05-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Ashok Leyland	160.30
Force Motors	18963.05
Olectra Greentech	1246.95
Tata Motors	406.65
SML Mahindra	3661.45
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