Ashok Leyland daily share prices
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Ashok Leyland is India's second largest manufacturer of commercial vehicles and is owned by the Hinduja Group. Headquartered in Chennai, the company is the 4th largest manufacturer of buses and the 12th largest manufacturer of trucks in the world.
Founded in 1948, Ashok Leyland also specialises in spare parts and engines for industrial and marine uses. In the Financial Year 2016, the company sold nearly 1,40,000 vehicles and boasts of a with a market share of 32.1 per cent.
The company has manufacturing footprints across the world with 9 plants; including one each at Ras Al Khaimah (UAE) and Great Britain. Ashok Leyland also has several joint venture partners, including John Deere (USA) for Construction Equipment, Continental AG (Germany) for Automotive Infotronics and the Alteams Group for the manufacture of high-press die-casting extruded aluminium components for the automotive and telecommunications sectors.
This major Large Cap company boasts of a market cap of Rs 37,657.19 Crore in the Auto sector. By the end of the previous financial year, the company had standalone sales of Rs 6,046.89 crore, which was up by 42.69 % from last quarter sales of Rs 4,237.78 Crore. This amount also increased by 34.28 % from last year same quarter sales of Rs 4503.17 Crore.
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