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Ashok Leyland catches speed on launching ecomet STAR 1815 truck

Ashok Leyland is currently trading at Rs. 143.85, up by 2.25 points or 1.59% from its previous closing of Rs. 141.60 on the BSE.

The scrip opened at Rs. 141.80 and has touched a high and low of Rs. 144.90 and Rs. 141.80 respectively. So far 465227 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 153.40 on 16-Nov-2021 and a 52 week low of Rs. 93.20 on 08-Mar-2022.

Last one week high and low of the scrip stood at Rs. 146.10 and Rs. 140.60 respectively. The current market cap of the company is Rs. 42198.20 crore.

ashok leyland dips on reporting 28 fall in july sales
ashok leyland dips on reporting 28 fall in july sales

The promoters holding in the company stood at 51.54%, while Institutions and Non-Institutions held 35.47% and 12.99% respectively.

Ashok Leyland has launched the ecomet STAR 1815 truck in 17.5 T GVW category. The truck has best-in-class payload capacity and delivers superior mileage. This product is targeted at long haul customers seeking higher payload with 4-cylinder engine for faster turnaround time. Ashok Leyland is complimenting the rapid growth of ICV segment by regular launch of differentiated products.

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.