Ashok Leyland shines on reporting 19% growth in March sales
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Ashok Leyland is currently trading at Rs. 142.60, up by 3.45 points or 2.48% from its previous closing of Rs. 139.15 on the BSE.
The scrip opened at Rs. 140.20 and has touched a high and low of Rs. 142.75 and Rs. 140.20 respectively. So far 171218 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 169.40 on 06-Sep-2022 and a 52 week low of Rs. 113.00 on 12-May-2022.
Last one week high and low of the scrip stood at Rs. 142.75 and Rs. 133.10 respectively. The current market cap of the company is Rs. 40856.21 crore.
The promoters holding in the company stood at 51.53%, while Institutions and Non-Institutions held 36.52% and 11.93% respectively.
Ashok Leyland has reported 19% growth in its total sales, including exports, at 23926 units in March 2023 over the same month last year. Light Commercial Vehicle (LCV) sales were stood at 7153 units in March 2023. Medium and heavy commercial vehicles (M&HCV) Trucks and bus sales stood at 14596 units and 2177 units, respectively.
Domestic sales in March 2023 stood at 22885 units. Domestic LCV sales stood at 6949 units in March 2023. Domestic M&HCV Trucks and bus sales stood at 14399 units and 1537 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.
