Ashok Leyland strengthens on launching ‘Luxura Magical India Bus’

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

22 Feb 2013 Evaluate

Ashok Leyland is currently trading at Rs. 22.90, up by 0.20 points or 0.88% from its previous closing of Rs. 22.70 on the BSE.

The scrip opened at Rs. 22.85 and has touched a high and low of Rs. 23.00 and Rs. 22.70 respectively. So far 9115290 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. 23.60 and Rs. 22.30 respectively. The current market cap of the company is Rs. 6066.34 crore.

The promoters holding in the company stood at 38.61% while Institutions and Non-Institutions held 30.60% and 17.36% respectively.

Ashok Leyland, the country’s second largest commercial vehicle manufacturer, has launched the ‘Luxura Magical India Bus’, with Toofles Foundation, in support of ‘Charter for Charity’, a new concept in India.

The bus that has been re-modeled into a super luxury liner by the world renowned auto designer Dilip Chhabria will be operated by Mann Travels with The Park also on board as Hospitality partners. Another unique aspect of this venture is that 50% of the proceeds from the operations of the bus will go to the charity partners to the venture - ‘Goonj’, an NGO and the Cancer Institute (WIA).

The ‘Magical India Bus’ has been specially designed with just nine luxurious reclining seats. The super luxury liner is equipped with a spa - with two therapists on-board, a kitchen, a wash room and all the other trappings like passenger entertainment, information systems and individual controls. The bus is also Wi-Fi enabled.

Ashok Leyland Share Price

164.10 -2.05 (-1.23%)

07-Jul-2026 16:59 View Price Chart

Peers

Company Name	CMP
Tata Motors	425.00
Ashok Leyland	164.10
Force Motors	18765.15
Olectra Greentech	1417.50
SML Mahindra	3836.45
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