Ashok Leyland share cost up 2% on obtaining Hinduja Tech

The offer contacted its 52-week high of Rs 138.85 on February 4, 2021 and 52-week low of Rs 33.70 on March 25, 2020,

Ashok Leyland share cost added 2% in the early exchange on February 25 after the reported its choice to gain a 38 percent stake in Hinduja Tech Limited (HTL).

“… has gone into an offer buy concurrence with Nissan International Holding BV to secure 58,500,000 offers for an all out thought of Rs 70,20,00,000 establishing 38% in the settled up offer capital of Hinduja Tech Limited (HTL),” the organization said in the delivery.

The organization as of now claims 62% in the settled up offer capital of HTL and the leftover is held by Nissan International Holding B.V.

After the securing, HTL will turn into an entirely possessed auxiliary of the organization.

At 0931 hours, Ashok Leyland was citing at Rs 128.35, up Rs 1.80, or 1.42 percent, on the BSE.

The offer contacted its 52-week high of Rs 138.85 on February 4, 2021 and a 52-week low of Rs 33.70 on March 25, 2020. It is exchanging 7.56 percent underneath its 52-week high and 280.86 percent over its 52-week low.

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