Ashok Leyland is currently trading at Rs. 92.75, up by 1.95 points or 2.15% from its previous closing of Rs. 90.80 on the BSE.
The scrip opened at Rs. 91.30 and has touched a high and low of Rs. 93.05 and Rs. 90.95 respectively. So far 7,00,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 112.80 on 13-Apr-2016 and a 52 week low of Rs. 73.60 on 22-Nov-2016.
Last one week high and low of the scrip stood at Rs. 93.05 and Rs. 86.00 respectively. The current market cap of the company is Rs. 26,352.00 crore.
The promoters holding in the company stood at 50.38%, while Institutions and Non-Institutions held 20.67% and 28.79% respectively.
Ashok Leyland, the commercial vehicle manufacturer, has reported a gain of 7% in January 2017 sales to 14,872 units, as against 13,886 units sold in the same period of last year. The company has experienced a rise of 8% in its medium and heavy commercial vehicle (M&HCV) products segment to 12,056 units in January 2017, as compared to 11,208 units in January 2016. Light commercial vehicle (LCV) of the company registered sales of 2,816 units in January 2017 as against 2,678 units in January 2016.
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.