Ashok Leyland catches speed on incorporating company `Gro Digital Platforms`
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Ashok Leyland is currently trading at Rs. 114.10, up by 2.10 points or 1.88% from its previous closing of Rs. 112.00 on the BSE.
The scrip opened at Rs. 112.80 and has touched a high and low of Rs. 114.45 and Rs. 112.20 respectively. So far 360216 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 138.85 on 04-Feb-2021 and a 52 week low of Rs. 42.05 on 29-May-2020.
Last one week high and low of the scrip stood at Rs. 117.25 and Rs. 110.00 respectively. The current market cap of the company is Rs. 33494.37 crore.
The promoters holding in the company stood at 51.54%, while Institutions and Non-Institutions held 34.02% and 14.44% respectively.
Ashok Leyland and its subsidiary company -- Hinduja Leyland Finance have jointly incorporated a Company in the name of ‘Gro Digital Platforms’ on April 14, 2021. Gro Digital Platforms is incorporated to carry on the business of freight mobility and associated services relating to fleet-owners.
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.
