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Ashok Leyland gains on plan to launch Stile and Dost Express this month

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

07 Oct 2013 Evaluate

Ashok Leyland is currently trading at Rs 15.75, up by 0.10 points or 0.64% from its previous closing of Rs 15.65 on the BSE.

The scrip opened at Rs 15.80 and has touched a high and low of Rs 15.90 and Rs 15.60 respectively. So far 476909 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 11.82 on 29-Aug-2013.

Last one week high and low of the scrip stood at Rs 15.90 and Rs 14.65 respectively. The current market cap of the company is Rs 4190.57 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, is reportedly planning to launch a multi-utility vehicle named Stile and 13-seater Dost Express MUVs in India this month. These two uniquely products will help the company to build its light commercial vehicle portfolio in the country.

The Stile will offer the Indian customer a global level of performance and comfort. It has been specially developed to address various applications like 7-8 seat people transport in the urban and rural areas, hotel shuttles, taxi services, ambulances, panel vans, courier services, inter-city and intra-city travel. The Stile is expected to be priced at Rs 7.5-9 lakh. While, Dost Express is meant for rural areas, could cost about Rs 6 lakh.

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.

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
View more..

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Ashok Leyland gains on plan to launch Stile and Dost Express this month

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