Ashok Leyland falls despite reporting 2% rise in February sales
Ashok Leyland is currently trading at Rs. 208.65, down by 4.20 points or 1.97% from its previous closing of Rs. 212.85 on the BSE.
The scrip opened at Rs. 215.05 and has touched a high and low of Rs. 219.80 and Rs. 205.70 respectively. So far 146523 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 264.70 on 27-Aug-2024 and a 52 week low of Rs. 157.65 on 14-Mar-2024.
Last one week high and low of the scrip stood at Rs. 228.35 and Rs. 205.70 respectively. The current market cap of the company is Rs. 61123.82 crore.
The promoters holding in the company stood at 51.52%, while Institutions and Non-Institutions held 37.21% and 11.28% respectively.
Ashok Leyland has reported 1.54% rise in its total sales, including exports, at 17903 units in February 2025 as compared to 17632 units in February 2024. Light Commercial Vehicle (LCV) sales stood at 6417 units in February 2025. Medium and heavy commercial vehicles (M&HCV) Trucks and bus sales stood at 8922 units and 2564 units, respectively.
Domestic sales in February 2025 stood at 15879 units. Domestic LCV sales stood at 5769 units in February 2025. Domestic M&HCV Trucks and M&HCV bus sales stood at 8368 units and 1742 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.
