Ashok Leyland Ltd (ASOK.BO)
27 Nov 2015
** Ashok Leyland Ltd falls as much as 5.2 pct to its lowest since Sept 23 ** Stock set to post biggest single-day percentage fall since Aug 24 ** Company's Sept-quarter net profit more than doubles to 2.87 bln rupees ($43.7 mln), but misses consensus forecast of 3.31 bln rupees ** Performance was below expectations driven by lower-than-expected average sales realisation; realisations fall 7 pct sequentially - Ambit Capital ($1 = 65.6550 Indian rupee) (RM: karen.rebelo.thomsonre
Sept 30 Ashok Leyland ltd: * Ashok Leyland ltd - cumulatively sold 1.8 mln equity shares held in Indusind Bank Limited open market during the period between september 25 - 29 * Ashok Leyland ltd - shares sold at a net price of inr 918.76 per share.
MUMBAI Ashok Leyland Ltd, India's second-largest commercial vehicle maker, plans to list its financing arm in the second half of next year and could raise up to 6.5 billion rupees ($99 million), a source familiar with the matter said.
MUMBAI, Sept 21 Ashok Leyland Ltd, India's second-largest commercial vehicle maker, plans to list its financing arm in the second half of next year and could raise up to 6.5 billion rupees ($99 million), a source familiar with the matter said.
* India's second largest manufacturer of trucks and buses Ashok Leyland Ltd adopts two Dassault Systemes products: "Modular, Glocal and Secure" and "Target Zero Defect"
** India's Ashok Leyland rises as much as 6.8 pct on value buying