Ashok Leyland Ltd News Today

The quarterly EBITDA of the company has reached ₹1,791 crore, with a 12.5% year-on-year growth due to stable operating activities and maintained cost efficiency.

The company has not yet determined the record date for deciding the entitlement of the shareholders to receive bonus shares in due course.

Here are some of the stocks that may see significant price movement today: Glenmark Pharma, Ashok Leyland, NTPC, etc.

The newly awarded contracts will help enable troop transportation, logistics & other specialized mobility requirements in support of the CIWS programme

Ashok Leyland’s revenue for the December quarter grew 2.2% to ₹9,478.7 crore as compared with ₹9,273 crore in the year-ago fiscal.

The company's total sales increased 5%, while medium and heavy commercial vehicle (M&HCV) sales increased 8% year on year.

The order value, the company said in its filings, is about ₹345.58 crore.

The stock has gained a total of 24% in the last one year, and 16% since the beginning of the year.

During the given period, the overall sales of light commercial vehicles (including domestic and exports) decreased by 12% year over year to 5,902 units.

The order includes 400 non-AC buses, and 100 air-conditioned buses, each designed to seat 37 passengers with additional standing space for 24.