Monday, January 04, 2021

Ashok Leyland jumps on reporting 14% rise in December sales

Ashok Leyland is currently trading at Rs. 103.60, up by 4.50 points or 4.54 % from its previous closing of Rs. 99.10 on the BSE.

The scrip opened at Rs. 99.60 and has touched a high and low of Rs. 104.40 and Rs. 99.60 respectively. So far 2111334 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 102.05 on 17-Dec-2020 and a 52 week low of Rs. 33.70 on 25-Mar-2020.


Last one week high and low of the scrip stood at Rs. 99.90 and Rs. 93.70 respectively. The current market cap of the company is Rs. 30470.77 crore.

The promoters holding in the company stood at 51.54 % while Institutions and Non-Institutions held 32.24 % and 16.23 % respectively.

Ashok Leyland has reported sales figures for the month of December 2020. The company has reported marginal rise of 14% in sales (domestic + exports) during December 2020 at 12762 units as against 11168 units in December 2019. LCV sales were up 42% Y-o-Y at 5878 units in December 2020 as against 4143 units in December 2019. M&HCV Trucks and bus sales stood at 6235 units and 649 units, respectively.

Domestic sales rose 14% Y-o-Y in December 2020 to 11857 units as compared to 10378 units in December 2019. Domestic LCV sales increased 42% Y-o-Y to 5682 units, as compared to 4009 units in December 2019.

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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