Ashok Leyland rides high on inaugurating dealership in Korba
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Ashok Leyland is currently trading at Rs. 112.95, up by 0.75 points or 0.67% from its previous closing of Rs. 112.20 on the BSE.
The scrip opened at Rs. 111.30 and has touched a high and low of Rs. 113.30 and Rs. 110.25 respectively. So far 477555 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 153.40 on 16-Nov-2021 and a 52 week low of Rs. 93.20 on 08-Mar-2022.
Last one week high and low of the scrip stood at Rs. 115.60 and Rs. 107.50 respectively. The current market cap of the company is Rs. 33112.75 crore.
The promoters holding in the company stood at 51.54%, while Institutions and Non-Institutions held 35.78% and 12.68% respectively.
Ashok Leyland has inaugurated a new 3S (sales/service/spares) dealership, Ahuja Automobile in Korba, the power capital of Chhattisgarh. The advanced dealership is located at a strategic location near to one of the largest open cast coal mines, and will connect Dipka to Pali Road, Tiwarta, and Korba. The modern dealership is spread over 20000 sq. ft., and offers 6 bays.
To address the region’s growing demand, Ashok Leyland will cover the major markets in Chhattisgarh with its well-equipped dealership and talented employees. As a result, the company will be able to provide end-to-end services to its customers. The cutting-edge dealership is equipped with rapid service bays, as well as the most up-to-date tools and equipment to handle Ashok Leyland range of vehicles.
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.
