ASHOK LEYLAND LTD.
NSE : ASHOKLEYBSE : 500477ISIN
CODE : INE208A01029Industry : Automobiles-Trucks/LcvHouse
: Hinduja
BSE201.40-3.15 (-1.54 % )
PREV CLOSE (Rs.) 204.55
OPEN PRICE (Rs.) 205.45
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 848509
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE201.40 -3.15 (-1.54 % )
PREV CLOSE(Rs.) 204.55
OPEN PRICE (Rs.) 205.20
BID PRICE (QTY) 201.40 (4121 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 10515237
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 02-May-2024 | Ashok Leyland reports 10% rise in April sales | <p style="text-align: justify;">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. <span style="white-space: pre;"> </span> </p><p style="text-align: justify;">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. </p><p style="text-align: justify;">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.</p> |
| 02-May-2024 | Ashok Leyland informs about monthly sales updates | <p style="text-align: justify;">Ashok Leyland has informed that it enclosed a copy of the communication being released to the Press relating to sales figures for the month of April 2024.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p><div style="text-align: justify;"><br></div> |
| 02-May-2024 | Ashok Leyland shines on reporting 10% rise in April sales | <p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p><p style="text-align: justify;">The promoters holding in the company stood at 51.52%, while Institutions and Non-Institutions held 33.76% and 14.72% respectively.</p><p style="text-align: justify;">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. <span style="white-space:pre"> </span> </p><p style="text-align: justify;">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. </p><p style="text-align: justify;">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.</p><div style="text-align: justify;"><br></div> |
| 25-Apr-2024 | Ashok Leyland informs about loss of share certificate | <p style="text-align: justify;">In pursuance of Regulation 39 (3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Ashok Leyland has informed that the share certificates held by the shareholder(s) has been reported lost/misplaced, with/without accompanied by Transfer Deed(s), as details enclosed.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 19-Apr-2024 | Bharti Airtel, CONCOR and Ashok Leyland to see some action today | <p style="text-align: justify;"><b>Bharti Airtel </b>has deployed additional sites in Dhar district to densify its network. Dhar district network enhancement project was undertaken across 671 villages covering 13.9 lakh rural population. Customers in the tehsils of Dhar, Manawar, Sardarpur, Badnawar, Kukshi, Dharampuri, Gandhwani, Dahi & Pithampur under Dhar districts will directly benefit from this network enhancement. The expansion will enable seamless access to high-speed connectivity that will ensure reliable mobile network for work, study and entertainment in rural Dhar. In this year alone, Airtel has doubled down on its commitment to the state and has invested additional capex to enhance its network connectivity for seamless experience on 4G, 5G, Broadband and Fiber.</p><p style="text-align: justify;"><b>Container Corporation of India</b> (CONCOR) has signed a Memorandum of Understanding (MoU) on April 18, 2024 with PSA MESA Supply Chain (PSA MESA) to collaborate in offering seamless and cost-effective end-to-end logistics service to customers. This strategic partnership aims to leverage the strengths of both organisations' respective infrastructure and experience to enhance the ‘ease of doing business'. The MoU also underscores CONCOR's and PSA's commitment to contribute to more sustainable, efficient and resilient supply chains, in support of India's national logistics transformation. </p><p style="text-align: justify;"><b>Ashok Leyland</b> has partnered with South Indian Bank to provide financing to dealers under the bank's dealer finance programme. Under this partnership, the bank will provide competitive dealer finance options to the dealers. This partnership will meet the business needs of both organisations and create a strong positive impact.</p><p style="text-align: justify;"><b>SJVN</b>'s wholly owned subsidiary -- SJVN Green Energy (SGEL) has incorporated a Joint Venture (JV) Company with Assam Power Distribution Company named ‘SGEL Assam Renewable Energy' vide Certificate of Incorporation dated April 18, 2024 issued by the Ministry of Corporate Affairs, Government of India. The JV Company shall carry out business in the field of Power Generation from all renewable energy sources including Hydro Power by setting up power plants.</p><p style="text-align: justify;"><b>Hampton Sky Realty</b> has received all the approvals form government on implementation of 12 Acres commercial project in Ludhiana on National Highway within the Municipal Limits of the City. This is on NH-5 from Ludhiana-Chandigarh Road. The project will have a built-up area of 600000 Sqft. The project will start soon. Concept Drawings of the project are being prepared by an Architect firm of Los Angeles, USA. This will be one of its kind projects with wide roads and a lot of green areas.</p><p style="text-align: justify;"><b>Rajoo Engineers </b>has inaugurated its expanded facility in Rajkot. This expansion marks a significant milestone in the company's journey, as it triples its manufacturing capacity to meet growing demands and enhance operational efficiency. The expansion is a spacious structure on the adjacent 28,210 sq.ft of land acquired last August. The expanded facility will increase the manufacturing capacity by 30%. Dedicated space for Quality control will help the company to enhance the customer experience.</p><p style="text-align: justify;"><b>Bajaj Auto</b> has reported rise of 17.99% in its net profit at Rs 2,011.43 crore for fourth quarter ended March 31, 2024 as compared to Rs 1,704.74 crore for the same quarter in the previous year. Total income of the company increased by 29.61% at Rs 11,914.94 crore for Q4FY24 as compared Rs 9,192.73 crore for the corresponding quarter previous year. </p> |
| 18-Apr-2024 | Ashok Leyland partners with South Indian Bank | <p style="text-align: justify;">Ashok Leyland has partnered with South Indian Bank to provide financing to dealers under the bank's dealer finance programme. Under this partnership, the bank will provide competitive dealer finance options to the dealers. This partnership will meet the business needs of both organisations and create a strong positive impact.</p><p style="text-align: justify;">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.</p> |
| 04-Apr-2024 | Ashok Leyland informs about disclosure | <p style="text-align: justify;">Ashok Leyland has informed that the exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Axis Trustee Services.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 02-Apr-2024 | Ashok Leyland reports 4% fall in March sales | <p style="text-align: justify;">Ashok Leyland has reported 4% fall in its total sales, including exports, at 22866 units in March 2024 as compared to 23926 units in March 2023. Light Commercial Vehicle (LCV) sales stood at 7304 units in March 2024. Medium and heavy commercial vehicles (M&HCV) Trucks and bus sales stood at 12214 units and 3348 units, respectively. </p><p style="text-align: justify;">Domestic sales in March 2024 stood at 21317 units. Domestic LCV sales stood at 6800 units in March 2024. Domestic M&HCV Trucks and M&HCV bus sales stood at 11773 units and 2744 units, respectively. </p><p style="text-align: justify;">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.</p> |
| 19-Mar-2024 | Ashok Leyland, Minus Zero enter into partnership | <p style="text-align: justify;">Ashok Leyland and Minus Zero have entered into partnership for autonomous trucking solutions. The initial focus of this collaboration will be on developing tailored autonomous trucking solutions for ports, factory operations, and corporate campuses. Future endeavours include expanding into hub-to-hub applications and long-haul trucking, subject to evolving regulatory frameworks surrounding autonomous driving.</p><p style="text-align: justify;">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.</p> |
| 15-Mar-2024 | Ashok Leyland's arm secures Investment from Private Equity Fund Creador | <p style="text-align: justify;">Ashok Leyland's subsidiary -- Hinduja Tech (HT) has signed a definitive agreement for Creador to invest $50 million acquiring 19.6% shareholding in the company, which is subject to completion of customary closing conditions. Creador is a renowned private equity firm focused on partnering to grow world-class businesses in Southeast Asia and India. This investment places Hinduja Tech at a post-money equity value of $255 million.</p><p style="text-align: justify;">The infusion of capital will allow Hinduja Tech to augment its existing capabilities in research and development through organic and inorganic means, enhance its global footprint and expand its state of the art labs to gain momentum in its journey towards emerging as a global leader in sustainable engineering mobility services. Hinduja Tech has been making significant strides in the mobility industry, by expanding its capabilities and partnerships to drive innovation and growth. The company has also collaborated with numerous players in mobility space, to support their development and production efforts across various segments, from traditional buses and sports cars to electric and autonomous vehicles. </p><p style="text-align: justify;">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.</p><div style="text-align: justify;"><br></div> |
