Ashok Leyland rises on bagging order worth Rs 297.85 crore
Ashok Leyland is currently trading at Rs. 224.40, up by 2.25 points or 1.01% from its previous closing of Rs. 222.15 on the BSE.
The scrip opened at Rs. 218.60 and has touched a high and low of Rs. 225.00 and Rs. 218.60 respectively. So far 143104 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. 225.30 and Rs. 209.40 respectively. The current market cap of the company is Rs. 65895.67 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 bagged an order worth Rs 297.85 crore for supplying 320 BS VI Diesel Fuel type 12M low floor fully built buses to Tamil Nadu State Transport Corporation. The company will deliver state of the art BS VI Diesel Fuel type 12 Meter ultra low entry rear engine fully built buses for city operations featuring the advanced iGen 6 BS VI technology with a robust H-Series engine rated at 184 kW (246 hp) equipped with Front and Rear Air Suspension. The said order is to be executed between June 2025 - August 2025.
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.
