Ashok Leyland rides high on reporting 17% rise in March sales
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Ashok Leyland is currently trading at Rs. 118.35, up by 1.10 points or 0.94% from its previous closing of Rs. 117.25 on the BSE.
The scrip opened at Rs. 117.25 and has touched a high and low of Rs. 119.65 and Rs. 116.35 respectively. So far 866672 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. 119.65 and Rs. 111.65 respectively. The current market cap of the company is Rs. 34712.61 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 reported 17 per cent rise in its total sales, including exports, at 20123 units in March 2022 over the same month last year. Light Commercial Vehicle (LCV) sales were stood at 6133 units in March 2022. Medium and heavy commercial vehicles (M&HCV) Trucks and bus sales stood at 12722 units and 1268 units, respectively.
Domestic sales in March 2022 stood at 18556 units. Domestic LCV sales stood at 5822 units in March 2022. Domestic M&HCV Trucks and bus sales stood at 12161 units and 573 units, respectively.
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.
