Ashok Leyland awarded order worth Rs 120 crore from Rivigo
DSIJ Intelligence / 11 Aug 2017
Commercial vehicle major Ashok Leyland, the flagship of the Hinduja Group, has received an order today for over Rs 120 crore from Rivigo, an Indian logistics company, the company informed in a BSE filing.
Commercial vehicle major Ashok Leyland, the flagship of the Hinduja Group, has received an order today for over Rs 120 crore from Rivigo, an Indian logistics company, the company informed in a BSE filing.
The order is for 500 fully-built vehicles driven by the innovative Intelligent Exhaust Gas Recirculation (iGER) technology developed by Ashok Leyland, said the company.
Ashok Leyland was trading at Rs 104.65 per share, up by Rs 1.35 or 1.31% as at 1145 hours on Friday, on the BSE. The stock has hit its intraday high and low of Rs 105.45 and Rs 98.90 respectively. It attracted a traded volume of 83,83,999 shares and traded value of Rs 8,600.31 lakhs on the NSE.
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