Ashok Leyland surges on partnering with Punjab Gramin Bank
Ashok Leyland is currently trading at Rs 136.85, up by 5.90 points or 4.51% from its previous closing of Rs 130.95 on the BSE.
The scrip opened at Rs 132.15 and has touched a high and low of Rs 137.25 and Rs 131.25 respectively. So far 861601 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 1 has touched a 52-week high of Rs 137.25 on 20-Aug-2025 and a 52-week low of Rs 95.20 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs 137.25 and Rs 125.85 respectively. The current market cap of the company is Rs 79814.81 crore.
The promoters holding in the company stood at 51.52%, while Institutions and Non-Institutions held 37.80% and 10.68% respectively.
Ashok Leyland has partnered with Punjab Gramin Bank for vehicle finance. The memorandum of understanding will enable both Ashok Leyland and Punjab Gramin Bank to offer customised financial solutions to customers. This partnership will strengthen the company's market position by offering comprehensive financing solutions with flexible, customised repayment plans.
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.
