Ashok Leyland & Bajaj

Ashok Leyland & Bajaj

by admin- Thursday, May 2nd, 2019 03:40:07 PM

Ashok Leyland surges on reporting 7% rise in April income
Ashok Leyland is currently trading at Rs. 89.90, up by 3.20 factors or 3.Sixty nine% from its previous closing of Rs. 86.70 at the BSE.

The scrip opened at Rs. 87.20 and has touched a excessive and coffee of Rs. 90.20 and Rs. Eighty five.Eighty respectively. So a long way 759034 shares had been traded at the counter.

The BSE institution ‘A’ inventory of face value Rs. 1 has touched a fifty two week high of Rs. 167.50 on 08-May-2018 and a 52 week low of Rs. 77.50 on 18-Feb-2019.

Last one week high and coffee of the scrip stood at Rs. Ninety two.Forty five and Rs. Eighty five.Forty respectively. The modern-day marketplace cap of the enterprise is Rs. 25465.70 crore.

The promoters preserving inside the company stood at 51.12%, even as Institutions and Non-Institutions held 29.14% and 19.74% respectively.

Ashok Leyland has said a upward thrust of 7% in April 2019 sales (Domestic + Exports) to 13626 units, as in opposition to 12677 gadgets bought in the identical month of final 12 months. The business enterprise mentioned an increase of 4% in its medium and heavy business automobile (M&HCV) merchandise phase to 9346 gadgets in April 2019, as compared to 8968 gadgets bought in April 2018.

The mild commercial automobile (LCV) section of the enterprise registered income of 4280 devices in April 2019, a rise of 15%, compared to 3709 units bought in April 2018.
Bajaj Auto profits on reporting marginal rise in April sales
Bajaj Auto is presently trading at Rs. 3011.Eighty, up with the aid of 18.55 factors or 0.62% from its preceding remaining of Rs. 2993.25 at the BSE.

The scrip opened at Rs. 3008.70 and has touched a high and coffee of Rs. 3020.55 and Rs. 2965.Eighty respectively. So a ways 7047 shares had been traded on the counter.

The BSE group ‘A’ inventory of face cost Rs. 10 has touched a fifty two week high of Rs. 3213.Ninety five on 12-Jul-2018 and a fifty two week low of Rs. 2425.00 on 25-Oct-2018.

Last one week excessive and occasional of the scrip stood at Rs. 3100.00 and Rs. 2950.10 respectively. The modern market cap of the business enterprise is Rs. 86781.17 crore.

The promoters protecting within the agency stood at fifty one.18%, even as Institutions and Non-Institutions held 23.02% and 25.80% respectively.

Bajaj Auto has registered a marginal upward thrust of two% in overall income to 423,315 devices in April 2019 in opposition to 415,168 gadgets in April 2018. The employer’s general exports out of the above stood at 191,211 units, registering a marginal benefit of 3% as compared to 185,704 devices bought in the corresponding month final yr.

The income of the bikes accelerated by means of 5% and stood at 366,268 gadgets in April 2019 beneath assessment towards 349,617 devices in April 2018. The organization has suggested thirteen% fall in commercial vehicles income, which stood at fifty seven,047 gadgets as compared to 65,551 units in month of April 2018.

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