/ Ashok Leyland Trades Higher On The Bourses ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 9 July 2018

Ashok Leyland is currently trading at Rs. 133.05, up by 0.75 points or 0.57% from its previous closing of Rs. 132.30 on the BSE.The scrip opened at Rs. 134.15 and has touched a high and low of Rs. 135.60 and Rs. 132.40 respectively. So far 906181 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 167.50 on 08-May-2018 and a 52 week low of Rs. 98.80 on 11-Aug-2017.Last one week high and low of the scrip stood at Rs. 135.60 and Rs. 124.45 respectively. The current market cap of the company is Rs. 39037.19 crore.
The promoters holding in the company stood at 51.27%, while Institutions and Non-Institutions held 34.41% and 14.32% respectively.Ashok Leyland is planning to expand its light commercial vehicle business, international operations and defence mobility segment. The company is also looking to launch its electric vehicle (EV) segment i.e. Optare bus range in the UK and also in other locations.

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.

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