06-02-2024 10:03 AM | Source: Accord Fintech
Ashok Leyland rises on delivering 14T Boss Electric truck to Billion E-Mobility

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Ashok Leyland is currently trading at Rs. 183.50, up by 4.25 points or 2.37% from its previous closing of Rs. 179.25 on the BSE.

The scrip opened at Rs. 187.00 and has touched a high and low of Rs. 187.00 and Rs. 182.15 respectively. So far 1093955 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 191.45 on 16-Aug-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. 181.90 and Rs. 168.30 respectively. The current market cap of the company is Rs. 52630.08 crore.

The promoters holding in the company stood at 51.53%, while Institutions and Non-Institutions held 35.23% and 13.25% respectively.

Ashok Leyland has commenced delivery of its intermediate and heavy duty electric trucks to its customers. The keys of 14T Boss Electric Truck were handed over to Billion E-Mobility at the inaugural edition of the Bharat Mobility Global Expo 2024 in New Delhi.

At the Bharat Mobility Global Expo, Ashok Leyland showcased its future-ready vehicles including the 9m Hydrogen Fuel Cell Bus, AVTR LNG 6x4 Tractor, 55T EV Tractor and Switch IeV4 Electric light commercial vehicles.

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.