Ashok Leyland gains on vehicle order from Zimbabwe govt

The order from Zimbabwe is for 680 vehicles and spare parts

Ashok Leyland gains on vehicle order from Zimbabwe govt
SI Reporter Mumbai
Last Updated : Jan 11 2016 | 11:44 AM IST
Shares of Ashok Leyland were up over 1% at Rs 92 on the Bombay Stock Exchange in an otherwise weak market after the company announced that it has received an order from the Zimbabwe government.

The order for 680 Vehicles and Spare Parts, worth US $50 million is from the Ministry of Local Government, Public Works and National Housing, Government of Republic of Zimbabwe, the company said in a release.

The stock opened at Rs 91.80 and hit a high of Rs 92.45. At 11:15am, over 4.4 million shares were traded on both the stock exchanges

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First Published: Jan 11 2016 | 11:18 AM IST

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