Ashok Leyland shines on reporting 10% rise in April sales
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Ashok Leyland is currently trading at Rs. 198.80, up by 6.20 points or 3.22% from its previous closing of Rs. 192.60 on the BSE.
The scrip opened at Rs. 195.90 and has touched a high and low of Rs. 199.65 and Rs. 194.50 respectively. So far 929298 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 199.65 on 2-May-2024 and a 52 week low of Rs. 142.10 on 03-May-2023.
Last one week high and low of the scrip stood at Rs. 199.65 and Rs. 177.05 respectively. The current market cap of the company is Rs. 58388.87 crore.
The promoters holding in the company stood at 51.52%, while Institutions and Non-Institutions held 33.76% and 14.72% respectively.
Ashok Leyland has reported 10% rise in its total sales, including exports, at 14271 units in April 2024 as compared to 12974 units in April 2023. Light Commercial Vehicle (LCV) sales stood at 5148 units in April 2024. Medium and heavy commercial vehicles (M&HCV) Trucks and bus sales stood at 6752 units and 2371 units, respectively.
Domestic sales in April 2024 stood at 13446 units. Domestic LCV sales stood at 4835 units in April 2024. Domestic M&HCV Trucks and M&HCV bus sales stood at 6537 units and 2074 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
