Ashok Leyland surges on new order

Posted By: Religare
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Ashok Leyland surges on new order
Shares of Ashok Leyland rose in early trade on Bombay Stock Exchange (BSE) after the second largest commercial vehicle maker said it has bagged a contract worth USD 50 million approx from the Ministry of Tourism & Hospitality Industry, Zimbabwe for supplying 670 vehicles.

The shares of company rose as much as 0.21 per cent to trade at Rs 23.55 a piece on the BSE. However, shares of the company fell 0.42 per cent to Rs 23.45 a piece on National Stock Exchange.

Meanwhile, the broader benchmark Sensex was quoting at 22,490.93, down 60.56 points or 0.27 per cent at 11:10 hours.

Dion Global Solutions Ltd.

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