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Ashok Leyland firms up on the plans of hiking M&HCV prices by 1% this month

08 Jan 2014 Evaluate

Ashok Leyland is currently trading at Rs 18.65, up by 0.30 points or 1.63% from its previous closing of Rs 18.35 on the BSE.

The scrip opened at Rs 18.50 and has touched a high and low of Rs 18.65 and Rs 18.45 respectively. So far 436587 shares were traded on the counter.

The BSE group 'A' stock of face value Re 1 has touched a 52 week high of Rs 27.60 on 11-Jan-2013 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 19.20 and Rs 17.15 respectively. The current market cap of the company is Rs 4935.56 crore.

The promoters holding in the company stood at 38.61% while Institutions and Non-Institutions held 28.38% and 19.77% respectively.

Ashok Leyland, the flagship of the Hinduja group and one of the largest manufacturers of commercial vehicles in the country, is all set to hike Medium & Heavy Commercial Vehicle (M&HCV) prices by 1% in January 2014. The company is planning for the price rise on the back of costlier inputs.

Recently, the company reported a drop of 14% in December sales at 6,275 vehicles, as against 7,294 sold in same month year ago. In December 2013, the sales of its overall M&HCV witnessed over 26% fall to 3,890 units from 5,230 units sold in the same month of last year.

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

175.50 0.75 (0.43%)
20-Apr-2026 11:22 View Price Chart
Peers
Company Name CMP
Ashok Leyland 175.50
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