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Ashok Leyland gains on launching Neptune engine for powering multi-axle truck

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

26 Aug 2013 Evaluate

Ashok Leyland is currently trading at Rs. 12.98, up by 0.02 points or 0.15 % from its previous closing of Rs. 12.96 on the BSE.

The scrip opened at Rs. 13.30 and has touched a high and low of Rs. 13.30 and Rs. 12.91 respectively. So far 166917 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 28.70 on 03-Dec-2012 and a 52 week low of Rs. 11.84 on 06-Aug-2013.

Last one week high and low of the scrip stood at Rs. 13.49 and Rs. 12.11 respectively. The current market cap of the company is Rs. 3456.22 crore.

The promoters holding in the company stood at 38.61% while Institutions and Non-Institutions held 29.88% and 18.09% respectively.

Ashok Leyland, the Hinduja Group flagship company in India, has launched the Neptune engine ushering in a new era in engine technology. Designed and developed in-house from a clean sheet, the NEPTUNE family of engines has been globally benchmarked for greater fuel efficiency, lower maintenance, longer life, greater reliability and superior NVH (Noise, Vibration and Harshness) characteristics.

The future-ready ‘Neptune’ engine will be available in BS-III and BS-IV versions and is also package protected for BS-V and BS-VI. The highly modular sub-system design ensures maximum vehicle uptime and better NVH characteristics while the CRS with electronic-governance ensures high fuel efficiency, easy serviceability, lower life cycle cost and reliability. Neptune engines will range from 160 HP to 380 HP and will be deployed across a range of trucks and buses in a phased manner.

The company’s new truck, the first offering powered by the Neptune engine, launched at Sankagiri, Tamil Nadu, has been named ‘SANKAGIRI EXPRESS 3120’ as a tribute to the strong bonds that have been forged and nurtured over time between the lorry operators in the region and the company.

Ashok Leyland Share Price

174.75 -1.90 (-1.08%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Ashok Leyland	174.75
Force Motors	22382.80
Olectra Greentech	1226.25
Tata Motors	439.15
SML Mahindra	4317.20
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Ashok Leyland gains on launching Neptune engine for powering multi-axle truck

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