Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  Ashok Leyland gains on reporting 20% growth in March sales

02-Apr2018

Ashok Leyland gains on reporting 20% growth in March sales

Ashok Leyland is currently trading at Rs. 147.15, up by 1.85 points or 1.27% from its previous closing of Rs. 145.30 on the BSE.

The scrip opened at Rs. 146.30 and has touched a high and low of Rs. 148.90 and Rs. 146.15 respectively. So far 451471 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 151.55 on 15-Mar-2018 and a 52 week low of Rs. 81.00 on 29-Mar-2017.

Last one week high and low of the scrip stood at Rs. 148.10 and Rs. 138.25 respectively. The current market cap of the company is Rs. 43101.61 crore.

The promoters holding in the company stood at 51.27%, while Institutions and Non-Institutions held 34.13% and 14.61% respectively.

Ashok Leyland has reported a jump of 20% in March 2018 sales to 22,453 units, as against 18,701 units sold in the same month of last year. The company reported a rise of 12% in its medium and heavy commercial vehicle (M&HCV) products segment to 17,057 units in March 2018, as compared to 15,277 units in March 2017.

The light commercial vehicle (LCV) segment of the company registered sales of 5,396 units in March 2018, a jump of 58% as compared to 3,424 units sold in March 2017.

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.


Related News

View all news

Birla Precision Technologies receives approval to issue of 6,07,005 Equity Shares

Birla Precision Technologies has received approval to issue of 6,07,005 Equity Shares at Rs 16.24 each on preferential basis to Zenith Dye intermediates. The Board of Directors has at its meeting held ......

Bajaj Finance strengthens on the bourses

Bajaj Finance is currently trading at Rs. 2656.30, up by 3.25 points or 0.12% from its previous closing of Rs. 2653.05 on the BSE.The scrip opened at Rs. 2659.95 and has touched a high and low of Rs. 2674.40......

Elgi Equipments surges on launching direct drive reciprocating air compressor

Elgi Equipments is currently trading at Rs. 252.00, up by 4.90 points or 1.98% from its previous closing of Rs. 247.10 on the BSE.The scrip opened at Rs. 251.75 and has touched a high and low of Rs. 252.00......

Top News

View all news

City Union Bank opens four new branches in Tamil Nadu

City Union Bank has opened four new branches in the state of Tamil Nadu on February 22, 2019. The bank has inaugurated 621th and 622nd branch at Nambiyur and Moolapalayam, respectively. The bank has also......

Syndicate Bank enters into partnership with Srei Equipment Finance

Syndicate Bank has entered into partnership with Srei Equipment Finance to jointly provide financing for construction and farm equipment. Under the arrangement, Syndicate Bank would leverage on its low-cost......

Tata Motors to supply 80 Electric buses to West Bengal Transport Corporation

Tata Motors will supply 80 Electric buses to the West Bengal Transport Corporation (WBTC). The company has already supplied 20 Ultra Electric 9/9m AC E-buses, with remaining 20 9/9m AC E-buses scheduled......