Ashok Leyland shines on reporting 45% growth in December sales

Ashok Leyland is currently trading at Rs. 146.05, up by 2.65 points or 1.85% from its previous closing of Rs. 143.40 on the BSE.

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

The scrip opened at Rs. 146.25 and has touched a high and low of Rs. 147.55 and Rs. 145.20 respectively. So far 248106 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 169.40 on 06-Sep-2022 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. 147.55 and Rs. 135.15 respectively. The current market cap of the company is Rs. 43036.17 crore.

The promoters holding in the company stood at 51.54%, while Institutions and Non-Institutions held 37.16% and 11.30% respectively.

Ashok Leyland has reported 45% growth in its total sales, including exports, at 18138 units in December 2022 over the same month last year. Light Commercial Vehicle (LCV) sales were stood at 5876 units in December 2022. Medium and heavy commercial vehicles (M&HCV) Trucks and bus sales stood at 10143 units and 2119 units, respectively.

Domestic sales in December 2022 stood at 17112 units. Domestic LCV sales stood at 5713 units in December 2022. Domestic M&HCV Trucks and bus sales stood at 10069 units and 1330 units, respectively.

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.

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