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Ashok Leyland surges on new order

By Religare
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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