Ashok Leyland rises on launching ecomet Star 1915 truck
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Ashok Leyland is currently trading at Rs. 175.85, up by 2.20 points or 1.27% from its previous closing of Rs. 173.65 on the BSE.
The scrip opened at Rs. 174.75 and has touched a high and low of Rs. 176.75 and Rs. 174.00 respectively. So far 175098 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. 176.75 and Rs. 168.00 respectively. The current market cap of the company is Rs. 51778.60 crore.
The promoters holding in the company stood at 51.53%, while Institutions and Non-Institutions held 37.44% and 11.01% respectively.
Ashok Leyland has launched the ecomet Star 1915 truck with GVW of 18.49T in the ICV segment. In its category, this truck provides industry leading fluid efficiency and the best payload capacity. Customers have the option to pick from four different loading span configurations. The newly launched truck is tailored for long-distance haulage customers who prioritize higher payload capacity with 4-cylinder engines for a faster turnaround time.
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.
