Shares of Ashok Leyland Ltd. rose 2.67 per cent to Rs 182.45 at 10:35AM hours (IST) on Friday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 1,120,155 shares with a turnover of Rs 20.23 crore till 10:35AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 21.9, while the price-to-book value ratio stood at 4.78. Return on equity (ROE) was at 14.57 per cent, according to exchange data….
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Category: Ashok Leyland
Tata Motors’ opposition to Ashok Leyland’s patent | Madras High Court orders reconstitution of Opposition Board
The Madras High Court has ordered reconstitution of the Opposition Board in a challenge made by Tata Motors Limited to a patent being held by Ashok Leyland Limited for a product titled ‘Multi-Axle Vehicle Configuration having Heavy Duty Lift Axle’ since 2016.A Division Bench of Justices M. Sundar and K. Govindarajan Thilakavadi set aside a single judge’s order dismissing Ashok Leyland’s writ petition and directed the Controller of Patents and Designs in Chennai to reconstitute the…
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Ashok Leyland Share Price: Ashok Leyland shares up 1.32% as Nifty gains
Shares of Ashok Leyland Ltd. gained 1.32 per cent to Rs 171.6 in Monday’s trade. It hit a high of Rs 171.7 and low of Rs 170.25 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 175.49, while the 50-DMA was at Rs 171.45. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it…
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Ashok Leyland partners with South Indian Bank for dealer financing
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Commercial vehicle maker Ashok Leyland Ltd on Thursday said it has partnered with South Indian Bank for financing dealers.
The company has signed a Memorandum of Understanding (MoU) to provide financing to dealers under the bank’s dealer finance programme, Ashok Leyland said in a statement.
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Ashok Leyland Share Price: Ashok Leyland shares rise 0.39% as Nifty drops
Shares of Ashok Leyland Ltd. traded 0.39 per cent up at Rs 176.2 on Tuesday at around 12:48PM (IST), while the benchmark BSE Sensex declined 543.63 points to 72856.15. As many as 911,348 shares changed hands on the counter with a total value of Rs 16.04 crore. The stock quoted a 52-week high price of Rs 191.45 and a 52-week low of Rs 135.85. On the technical charts, the 200-DMA of the stock stood at Rs 175.42, while 50-DMA was at Rs 171.9. If a stock trades above 50 DMA and 200 DMA, it…
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Ashok Leyland arm allots CCPS to Gandaraditya Chola – Capital Market Publishers India Pvt Ltd
Ashok Leyland arm allots CCPS to Gandaraditya Chola Capital Market Publishers India Pvt Ltd
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Ashok Leyland Share Price: Ashok Leyland shares down 1.76% as Nifty falls
Shares of Ashok Leyland Ltd. rose 1.76 per cent to Rs 175.2 in Monday’s trade. It hit an intraday high of Rs 176.1 and low of Rs 168.05, respectively, during the day. The stock quoted a 52-week high price of Rs 191.45 and low of Rs 135.85. As of 12:28PM (IST), the counter saw total traded volume of 996,466 shares with a traded value of Rs 17.38 crore, according to NSE. The stock had closed at Rs 178.35 in the previous session. The scrip has advanced 8.21 per cent in the past one month…
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Ashok Leyland Share Price: Ashok Leyland declines 0.5% as Sensex slides
Shares of Ashok Leyland Ltd. traded at Rs 177.5 on BSE at 12:53PM (IST) on Friday, down 0.5 per cent from previous close. The scrip quoted a 52-week low price of Rs 135.85 and a high of Rs 191.45. Earlier, the stock saw a gap down opening in the morning. A total of 579,287 lakh shares changed hands on the counter till 12:53PM (IST). The stock of Ashok Leyland Ltd. commanded a market value of Rs 52307.11 crore, according to BSE. The stock traded at a price-to-earning (P/E) multiple of…
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Ashok Leyland Share Price: Ashok Leyland declines 0.5% as Sensex slides
Shares of Ashok Leyland Ltd. traded at Rs 177.5 on BSE at 12:53PM (IST) on Friday, down 0.5 per cent from previous close. The scrip quoted a 52-week low price of Rs 135.85 and a high of Rs 191.45. Earlier, the stock saw a gap down opening in the morning. A total of 579,287 lakh shares changed hands on the counter till 12:53PM (IST). The stock of Ashok Leyland Ltd. commanded a market value of Rs 52307.11 crore, according to BSE. The stock traded at a price-to-earning (P/E) multiple of…
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Ashok Leyland Share Price: Ashok Leyland shares up 2.44% as Nifty gains
Shares of Ashok Leyland Ltd. gained 2.44 per cent to Rs 180.3 in Wednesday’s trade. It hit a high of Rs 180.55 and low of Rs 176.0 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 175.23, while the 50-DMA was at Rs 171.8. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it…
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