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Ashok Leyland trades in green on the BSE

07 Feb 2014 Evaluate

Ashok Leyland is currently trading at Rs. 16.20, up by 0.25 points or 1.57% from its previous closing of Rs. 15.95 on the BSE.

The scrip opened at Rs. 16.25 and has touched a high and low of Rs. 16.25 and Rs. 16.05 respectively. So far 163214 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 25.15 on 07-Feb-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. 16.55 and Rs. 15.55 respectively. The current market cap of the company is Rs. 4270.39 crore.

The promoters holding in the company stood at 40.89% while Institutions and Non-Institutions held 25.53% and 20.34% respectively.

Ashok Leyland, the Hinduja group flagship, has showcased its next-generation vehicles including Super Stallion 6x6 and Super Stallion 10x10 intended to meet heavy load-carrying requirements of the army at the Defexpo in New Delhi.

The Stallion 6x6 and 10x10 has capacity to carry heavy loads, and the axles of the trucks were movable in keeping with the needs of the army. The company had already provided nearly 70,000 Stallion trucks to the army.

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.

Peers
Company Name CMP
Tata Motors 433.30
Ashok Leyland 153.70
Force Motors 17088.00
Olectra Greentech 1103.00
SML Mahindra 6131.20
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