IGI Logo

Ashok Leyland is currently trading at Rs. 123.35, up by 0.55 points or 0.45% from its previous closing of Rs. 122.80 on the BSE.

The scrip opened at Rs. 125.00 and has touched a high and low of Rs. 125.45 and Rs. 122.30 respectively. So far 774721 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. 125.45 and Rs. 110.80 respectively. The current market cap of the company is Rs. 36018.92 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’s subsidiary -- Switch Mobility Automotive has entered into a Memorandum of Understanding (MoU) with Siemens to address the potential of the e-mobility market in India, driven by a strong commitment to support zero emission mobility through lowest Total Cost of Ownership.

The MOU is aimed at delivering efficient, cost-effective and sustainable E-Mobility solutions to various commercial vehicle customers in India. To achieve this objective, Switch Mobility will bring its strong electric commercial vehicle industry experience while Siemens will offer its proven flexible, high-efficiency and future-ready charging infrastructure technology with efficient & reliable medium-voltage grid connection solutions. Siemens’ charging infrastructure management software solution would enhance the energy-efficient operations of the chargers.

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.