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Ashok Leyland, GMR Airports Infrastructure and Metro Brands to see some action today

07 Jun 2023 Evaluate

Ashok Leyland has entered into a strategic partnership with Cholamandalam Investment and Finance Company to offer financing to dealers. The alliance between the automotive major and the financial institution aims to provide 130 Ashok Leyland dealerships nationwide with an array of comprehensive inventory funding options to address working capital requirements of dealers. 

GMR Airports Infrastructure’s ste-pdown subsidiary--GMR Hyderabad International Airport (GHIAL) has divested an approximately 8,18,000 sqft warehouse facility located at the Hyderabad Airport to ILP Core Ventures I PTE, a step down subsidiary of Indospace Core PTE, India’s largest operator of core logistics and industrial real estate vehicle. GHIAL signed the definitive agreements and closed the transaction with ILP Core Ventures I PTE at an enterprise value of Rs 188.1 crore.

Metro Brands has inaugurated Metro Shoes store in Connaught Place, New Delhi. The company has now achieved a momentous milestone of 756 stores across the country. The inauguration of the Metro Shoes store in Connaught Place (CP), New Delhi, adds to this legacy, offering a vast range of footwear and accessories from both in-house and international brands to cater to diverse consumer categories. This achievement marks a new era of success and growth for the brand, solidifying its position as a leader in the Indian footwear market.

Wipro has launched immersive innovation experience for financial services, featuring a new suite of banking and financial services solutions built on Microsoft Cloud. The Innovation Experience will bring together Microsoft Cloud capabilities with Wipro FullStride Cloud, as well as leverage Wipro’s and Capco’s deep domain expertise in financial services.

Engineers India (EIL) has signed Contract with Jindal Steel and Power (JSPL) for Supply of Basic and Detail Engineering services for Direct Reduced Iron plant covering associated facilities at Angul, Orissa. The total value of contract is Rs 15.50 crore.

Loyal Equipments has received new work order worth Rs 11.36 crore from Numaligarh Refinery. The order is for supply of shell and tube heat exchangers. The order is expected to be executed in 10 months.

VA TECH WABAG (VVABAG), a leading pure-play Water Technology Indian Multinational Group, has secured an order worth about Rs 420 crore towards Design, Build and Operation (DBO) of a Water Treatment Plant (VVTP) with a capacity of 270 Million Litres per Day (MLD) at Jite, Raigad for City and Industrial Development Corporation of Maharashtra Limited (CIDCO). 

Ashok Leyland Share Price

175.75 1.00 (0.57%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Ashok Leyland 175.75
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