Ashok Leyland share falls 4% after firm cuts production across all plants
Ashok Leyland share fell 3.86% intra day to Rs 108.35, down 3.86% on BSE. The stock has lost 5.13% in the last 3 days
BusinessToday.In | May 3, 2021 | Updated 16:07 IST
Ashok Leyland share trades higher than 200 day moving averages but lower than 5 day, 20 day, 50 day and 100 day moving averages.
Ashok Leyland share fell nearly 4% today after the firm said it has scaled down production at all its plants due to the second COVID-19 wave and dip in demand in the automobile sector. The auto share fell 3.86% intra day to Rs 108.35, down 3.86% on BSE. The stock has lost 5.13% in the last 3 days.
Ashok Leyland share falls 4% as firm to cut production across all plants
Ashok Leyland share fell 3.86% intra day to Rs 108.35, down 3.86% on BSE. The stock has lost 5.13% in the last 3 days
BusinessToday.In | May 3, 2021 | Updated 16:11 IST
Ashok Leyland share trades higher than 200 day moving averages but lower than 5 day, 20 day, 50 day and 100 day moving averages.
Ashok Leyland share fell nearly 4% today after the firm said it has scaled down production at all its plants due to the second COVID-19 wave and dip in demand in the automobile sector. The auto share fell 3.86% intra day to Rs 108.35, down 3.86% on BSE. The stock has lost 5.13% in the last 3 days.
Ashok Leyland: Digital innovations helping customers achieve 15% overall savings
With a host of solutions, the Hinduja Group flagship group has started digital integration across the business in 2017
(Photo: Bloomberg)Premium
The company s customers using these digital platforms have achieved significant cost savings, Ashok Leyland CEO said
At present, more than 60,000 customers owning over 1.5 lakh vehicles have boarded onto the iALERT connected vehicles platform
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Ashok Leyland on Tuesday said that company s digital initiatives have helped the consumers to save significantly . With a host of solutions, the Hinduja Group flagship group has started digital integration across the business in 2017. The services include iALERT, Service Mandi, Leykart and eDiagnostics. The company has added other digital solutions like iALERT 3.0 an advanced connected vehicle platform, uptime solution centre and AL Care a one-stop app for customers to manage customers
Read more about Nifty outlook & stock picks by Vinay Rajani: Buy Ashok Leyland, Tata Steel on Business Standard. The Nifty50 has recovered more than 62 per cent of the entire fall which was registered from 14,653 to 14,222