Ashok Leyland shares gain over 3 per cent as Dec sales rise 31.4 per cent
.jpg)
Ashok Leyland share price gained as much as 3.6 per cent on Monday after the Hinduja Group flagship company on Saturday reported a 31.4 per cent increase in total sales at 12,209 units in December 2015.
At 10.34 am, share price of the company was trading 3.15 per cent up at Rs 91.55. The scrip opened at Rs 90.20 and has touched a high and low of Rs 92.00 and Rs 90.20, respectively, in trade so far. Sensex was trading 258.28 points down at 25,902.62.
The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 99.65 on 30-Nov-2015 and a 52 week low of Rs. 52.25 on 01-Jan-2015.
Last one week high and low of the company’s scrip stood at Rs 91.95 and Rs 87.65 respectively. The current market cap of the company is Rs 26096.69 crore.
The sales of medium and heavy commercial vehicles jumped 35.33 per cent to 9,758 units in December as against 7,210 in the same month a year ago, the company said in a statement. Light commercial vehicles sales grew 17.83 per cent to 2,451 units as against 2,080 in December 2014.
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.
Other Latest News
.webp)
India's Muthoot Finance is planning to raise funds through US dollar-denominated bonds maturing in three years and nine months and has provided initial guidance for a coupon of around 7.375 per cent, two bankers said on Tuesday.
These Regulation-S dollar bonds are expected to be priced later in the day or early on Wednesday, the bankers said, declining to be named as they are not authorised to speak to the media.
.webp)
Odisha Chief Minister Naveen Patnaik on Monday alleged that his opponents remember the people of the state only during elections and have no sincerity towards them.
Addressing back-to-back election rallies in Bhawanipatna and Khariar in the Kalahandi Lok Sabha constituency, Patnaik claimed that they disappeared after the elections.
.webp)
Union Home Minister Amit Shah cast his vote at a polling booth in Ahmedabad under the Gandhinagar Lok Sabha constituency in Gujarat on Tuesday morning.
Shah, who is contesting to retain the Gandhinagar Lok Sabha seat, greeted his supporters, interacted with them and signed autographs as he approached the polling booth at a sub-station in Naranpura locality here.
.webp)
Tech giant Microsoft Corporation recently acquired 48 acres of land in Hyderabad in a transaction estimated to be worth around Rs 267 crore.
The acquisition of the property was facilitated through Sai Balaji Developers, a land aggregator situated in Ranga Reddy district, as indicated in the documentation shared by data analytics company Propstack, according to a report in The Economic Times (ET).
.webp)
Shares of Shakti Pumps (SPIL) locked in the upper circuit for the fifth straight day, up 5 per cent at Rs 2,585.85 per share on the BSE in Monday's intraday deals. This came after the company reported a robust March quarter (Q4FY24) earnings and strong order book. In comparison, the S&P BSE Midcap and Smallcap index were down by 1 per cent.
The stock of the company is trading at its record high level and has rallied 28 per cent in past one week. Moreover, in the past 33 trading days, the stock has more than doubled or zoomed 104 per cent from Rs 1,121 on March 14, 2024.
.webp)
.webp)
.webp)
.webp)
.webp)
