ASHOKLEY Ltd.

77.05.00INR + 3.55 (+ 4.83%) VOLUME : 48536000
    Average Volume
  • 5-Day 32,680,800.00
  • 20-Day 45,663,849.95
  • 3-Months 39,879,716.63

MARKET CLOSED

Price Table

Date Open High GREEN: if High is higher than last 2 days high
RED: if high is lower than last 2 days high
Low GREEN:if Low is higher than last 2 days low
RED: if low is lower than last 2 days low
LTP Close GREEN:if Day's Closing is near the Day's High
RED: if low is lower than last 2 days low
Volume Delivery % 20 Day SMA GREEN: if Day's Closing is above 20-Day SMA
RED: if Day's Closing is below 20-Day SMA
50 Day SMA GREEN: if Day's Closing is above 50-Day SMA
RED: if Day's Closing is below 50-Day SMA
100 Day SMA GREEN: if Day's Closing is above 100-Day SMA
RED: if Day's Closing is below 100-Day SMA
200 Day SMA GREEN: if Day's Closing is above 200-Day SMA
RED: if Day's Closing is below 200-Day SMA
18-Oct-19 73.80 78.25 73.05 77.05 77.50 48,555,721 30% 69.71 65.75 75.28 82.16
17-Oct-19 71.40 74.10 71.00 74.00 73.50 28,557,723 12% 68.82 65.58 75.38 82.29
16-Oct-19 70.00 71.95 69.10 71.70 71.65 35,894,091 12% 68.14 65.50 75.53 82.45
15-Oct-19 68.00 69.65 67.35 69.15 69.10 24,809,075 13% 67.68 65.44 75.69 82.62
14-Oct-19 68.85 69.70 66.70 67.55 67.60 25,586,787 12% 67.40 65.49 75.84 82.82
11-Oct-19 68.90 69.50 66.80 68.60 68.65 28,366,152 18% 67.14 65.62 75.99 83.00
10-Oct-19 68.50 70.75 67.55 68.90 68.85 41,367,276 19% 66.90 65.70 76.13 83.19

Performance

Key Data

Day High Low Range

Time Lowest Highest
10 AM 73.05 75.10
11 AM 73.05 75.10
12 PM 73.05 75.10
1 PM 73.05 76.90
2 PM 73.05 78.25

Company Profile - ASHOKLEY Ltd.

Ashok Leyland Limited or ASHOKLEY

The origin of Ashok Leyland is the Hinduja group company which can be traced to the urge for self–reliance, which was felt by independent India. As Pandit Jawaharlal Nehru, who was India's first Prime Minister, persuaded Raghunandan Saran, who was an industrialist to enter the automotive manufacturer. And in 1948, Ashok Motors was established in Madras, for the assembly of Austin Cars. Later, the Company's destiny and the name changed with the equity participation by British Leyland, and hence the name Ashok Leyland commenced the manufacture of commercial vehicles in 1955. Since then, Ashok Leyland has been a significant presence in India's commercial vehicle industry with a tradition of technological leadership, which was achieved via tie-ups with international technology leaders and vigorous in–house R&D. Access to global technology enabled the Company to set culture to be first with the technology. Be it the full a ... ir brakes, or power steering or rear engine buses, but Ashok Leyland has pioneered all these concepts. And considering the operating conditions and practices in India, the Company made its vehicles strong, over-engineered them accordingly with the extra metallic muscles. Also, 'Designing durable products that make economic sense to the consumer, by using appropriate technology,' it soon became the design philosophy of the Company, which was successful in molding consumer attitudes along with its brand personality. It is a transnational conglomerate that provides a wide range of products across fifty countries worldwide. Currently, the Hinduja Group is one of the largest multinational business conglomerates in the world with diversified operations, spanning all the continents. It employs over 25,000 people and also has offices in many key cities of the world, including major cities of India. It has built a reputation for reliability as well as ruggedness. Also in the crowded Indian metros, at least four out of the five State Transport Undertaking (STU) buses come from Ashok Leyland. And some of them such as the double-decker and vestibule buses are also unique models from Ashok Leyland, especially for all the high-density routes. Later in 1987, the overseas holding by Land Rover Leyland International Holdings Limited (LRLIH) was being taken over by a particular joint venture between the Hinduja Group, and the Non–Resident Indian transnational group and IVECO. As of July 2006, the Hinduja Group is a 100% holder of LRLIH. Soon the blueprint was prepared for the future, which reflected the global ambitions of the Company, and they were captured in four words: Global Standards, Global Markets. This was at a time when liberalization and globalization were not yet in the air. Ashok Leyland embarked on a significant product and process up-gradation to match the world-class standards of the technology. For over five decades, it has been the technology leader in India's commercial vehicle industry, molding the country's commercial vehicle profile continuously by introducing unique and innovative technologies & product ideas that have gone on to become industry norms. It can be from 18 seaters to 82 seater double-decker buses, and from 7.5 tonnes to 49 tonnes in haulage vehicles, and from various select application vehicles to the diesel engines for industrial, marine and genset applications. It has offered a wide range of products, and the Ashok Leyland manufactures eight out of ten metro state transport buses in India. With approximately 60 million passengers a day and its buses carry more people than the entire Indian rail network!

Some of the Product range of the Company includes:

  1. Buses
  2. Trucks
  3. Engines
  4. Defense & Special Vehicles

Some of the Associates Companies:

  1. Automotive Coaches & Components Ltd (ACCL)
  2. Lanka Ashok Leyland
  3. Hinduja Foundries
  4. IRIZAR–TVS
  5. Ashok Leyland Project Services Limited

Awards or Achievements:

In the journey towards global standards of quality, Ashok Leyland reached a significant milestone in the year 1993 when it became the first in India's automobile history to win the ISO 9002 certification. And also the more comprehensive ISO 9001 certification which came in 1994, and QS 9000 in 1998 and lastly ISO 14001 certification for entire vehicle manufacturing units in 2002. It became the first Indian auto company to receive the latest ISO/TS 16949 Corporate Certification in July 2006 which is specifically for the automobile industry.

The Milestones:

  1. 2011– Ashok Leyland forays in small commercial vehicle segment; launches "DOST" in JV with Nissan Motor.
  1. 2013– Launched the STILE, a stylish Multi–Purpose Vehicle (MPV) based on a contemporary, award–winning vehicle platform.
  1. 2013– Launched the BOSS, an intermediate commercial vehicle (ICV), that seamlessly combines the strength and ruggedness of a truck along with the comfort of a car.
  1. 2014– Launched two new Light Commercial Vehicles (LCV) – PARTNER truck, India's first air-conditioned LCV goods vehicle, and MiTR bus, an LCV bus with best–in–class comfort. After the commercially successful Dost and the recently launched STiLE, now PARTNER and MiTR are the latest offerings from the Ashok Leyland – Nissan Joint Venture.