Ashok Leyland gains on vehicle order from Zimbabwe govt
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Shares of Ashok Leyland were up over 1% at Rs 92 on the Bombay Stock Exchange in an otherwise weak market after the company announced that it has received an order from the Zimbabwe government.
The order for 680 Vehicles and Spare Parts, worth US $50 million is from the Ministry of Local Government, Public Works and National Housing, Government of Republic of Zimbabwe, the company said in a release.
The stock opened at Rs 91.80 and hit a high of Rs 92.45. At 11:15am, over 4.4 million shares were traded on both the stock exchanges.
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