Ashok Leyland rides high after unveiling various relief measures for pandemic-hit stakeholders
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Ashok Leyland is currently trading at Rs. 123.70, up by 0.80 points or 0.65% from its previous closing of Rs. 122.90 on the BSE.
The scrip opened at Rs. 123.85 and has touched a high and low of Rs. 125.35 and Rs. 120.30 respectively. So far 1509048 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. 125.35 and Rs. 111.40 respectively. The current market cap of the company is Rs. 36620.70 crore.
The promoters holding in the company stood at 51.54%, while Institutions and Non-Institutions held 34.80% and 13.58% respectively.
Ashok Leyland has unveiled various measures such as extending emergency support to vehicles transporting COVID essentials, including oxygen across the country through a 24/7 helpline, among others. The measures also include continuation of contactless deliveries of spare parts in line with shifting customer preferences to ensure smooth functioning of the logistics and transportation services with the help of the Leykart Digital App. As a part of the 'Service Mandi' initiative, Ashok Leyland formed a task force for seamless transportation of oxygen and medical supplies across the country.
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.
