03-01-2021 03:30 PM | Source: Accord Fintech
Ashok Leyland gains on reporting 19% rise in February sales
News By Tags | #475 #572

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is currently trading at Rs. 129.05, up by 0.15 points or 0.12% from its previous closing of Rs. 128.90 on the BSE.

The scrip opened at Rs. 130.20 and has touched a high and low of Rs. 134.20 and Rs. 126.50 respectively. So far 2983999 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. 33.70 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 134.20 and Rs. 118.55 respectively. The current market cap of the company is Rs. 37530.72 crore.

The promoters holding in the company stood at 51.54%, while Institutions and Non-Institutions held 33.94% and 14.44% respectively.

Ashok Leyland has reported sales figures for the month of February 2021. The company has reported rise of 19% in sales (domestic + exports) during February 2021 at 13703 units as against 11475 units in February 2020. LCV sales were up 44% Y-o-Y at 5901 units in February 2021 as against 4107 units in February 2020. M&HCV Trucks and bus sales stood at 7802 units and 7368 units, respectively.

Domestic sales rose 20% Y-o-Y in February 2021 to 12776 units as compared to 10612 units in February 2020. Domestic LCV sales increased 46% Y-o-Y to 5662 units, as compared to 3867 units in February 2020.

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.