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Ashok Leyland is currently trading at Rs. 173.35, up by 1.65 points or 0.96% from its previous closing of Rs. 171.70 on the BSE.

The scrip opened at Rs. 172.05 and has touched a high and low of Rs. 174.60 and Rs. 172.00 respectively. So far 410475 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 174.60 on 17-Jul-2023 and a 52 week low of Rs. 133.10 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 174.60 and Rs. 162.15 respectively. The current market cap of the company is Rs. 50750.96 crore.

The promoters holding in the company stood at 51.53%, while Institutions and Non-Institutions held 37.09% and 11.38% respectively.

Ashok Leyland has bagged orders worth Rs 800 crore in the Defence Sector. The contracts awarded also include the procurement of the Field Artillery Tractor (FAT 4x4) and the Gun Towing Vehicle (GTV 6x6).

The FAT 4x4 and GTV 6x6 are specialized vehicles employed by the Artillery for towing light and medium guns, respectively. Both these platforms were prominently featured in the initial positive indigenization list announced by the Government of India. Ashok Leyland's selection for these crucial Defence contracts underscores the company's commitment to indigenous manufacturing and its position as a trusted partner for the Indian Armed Forces. Over the course of the next 12 months, Ashok Leyland will diligently deliver these cutting-edge vehicles to meet the requirements of the Indian Army.

Through partnering with the Indian Army for its logistics needs, and with a robust foundation built on a legacy of excellence and a commitment to innovation, Ashok Leyland continues to strengthen its position as a partner for the Indian Armed Forces.

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.