Ashok Leyland shines on reporting 5% growth in June sales
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Ashok Leyland is currently trading at Rs. 170.55, up by 3.20 points or 1.91% from its previous closing of Rs. 167.35 on the BSE.
The scrip opened at Rs. 169.00 and has touched a high and low of Rs. 173.85 and Rs. 168.90 respectively. So far 353182 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 173.85 on 03-July-2023 and a 52 week low of Rs. 133.10 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 173.85 and Rs. 160.05 respectively. The current market cap of the company is Rs. 50178.42 crore.
The promoters holding in the company stood at 51.53%, while Institutions and Non-Institutions held 37.09% and 11.38% respectively.
Ashok Leyland has reported 5% growth in its total sales, including exports, at 15221 units in June 2023 as compared to 14531 units in June 2022. Light Commercial Vehicle (LCV) sales stood at 5259 units in June 2023. Medium and heavy commercial vehicles (M&HCV) Trucks and bus sales stood at 8077 units and 1885 units, respectively.
Domestic sales in June 2023 stood at 14363 units. Domestic LCV sales stood at 5089 units in June 2023. Domestic M&HCV Trucks and bus sales stood at 7980 units and 1294 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.
