Ashok Leyland is currently trading at Rs. 182.85, up by 3.00 points or 1.67% from its previous closing of Rs. 179.85 on the BSE.
The scrip opened at Rs. 181.00 and has touched a high and low of Rs. 183.75 and Rs. 180.45 respectively. So far 235959 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 191.45 on 16-Aug-2023 and a 52 week low of Rs. 133.10 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 185.90 and Rs. 176.90 respectively. The current market cap of the company is Rs. 53261.35 crore.
The promoters holding in the company stood at 51.53%, while Institutions and Non-Institutions held 37.44% and 11.01% respectively.
Ashok Leyland has signed a Memorandum of Understanding (MoU) with the Government of Uttar Pradesh. The MoU will see Ashok Leyland set up an integrated commercial vehicle Bus plant focused on green mobility in Uttar Pradesh, which will be the first Ashok Leyland plant in the state. Under this partnership, Ashok Leyland will predominantly concentrate on the production of electric buses, with the flexibility to also assemble other vehicles powered by currently available fuels as well as emerging alternative fuels.
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.
