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BOM:500477

6 stories mentioning BOM:500477Updated 4d ago

Every FINWIRES story that references BOM:500477, newest first.

Treasury

Ashok Leyland Raises INR3 Billion Through NCDs

Ashok Leyland (NSE:ASHOKLEY, BOM:500477) raised 3 billion Indian rupees through the issue of 30,000 non-convertible debentures.The unsecured, listed, rated, redeemable, non-cumulative NCDs carry a fixed coupon of 7.5% a year and will mature on Aug. 10, 2028, according to a Monday filing on Indian bourses. The bonds will be listed on the National Stock Exchange's Wholesale Debt Market segment.Shares of the company were down nearly 1% in recent trade.

BOM:500477NSE:ASHOKLEY
Research

Nirmal Bang Institutional Equities Upgrades Ashok Leyland to Buy From Hold; Price Target is INR182

Ashok Leyland (NSE:ASHOKLEY, BOM:500477) has an average rating of overweight and mean price target of 181.77 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:500477NSE:ASHOKLEY
Asia

Ashok Leyland's Total Sales Soar 25% in June

Commercial vehicles manufacturer Ashok Leyland (NSE:ASHOKLEY, BOM:500477) total sales jumped 25% to 19,194 units in June from 15,333 units sold a year ago.Specifically, total medium and heavy commercial vehicle sales increased 24% to 12,156 units, while those for light commercial vehicles jumped 28%, according to a Wednesday filing on the Indian stock exchanges.

BOM:500477NSE:ASHOKLEY
Asia

Nomura Adjusts Ashok Leyland's Price Target to INR169 From INR218, Keeps at Neutral

Ashok Leyland (NSE:ASHOKLEY, BOM:500477) has an average rating of overweight and mean price target of 188 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:500477NSE:ASHOKLEY
Asia

Jefferies Adjusts Ashok Leyland's Price Target to INR160 From INR190, Keeps at Hold

Ashok Leyland (NSE:ASHOKLEY, BOM:500477) has an average rating of overweight and mean price target of 188 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:500477NSE:ASHOKLEY
Asia

Ashok Leyland's Total Sales Climb 9% in April

Commercial vehicles manufacturer Ashok Leyland (NSE:ASHOKLEY, BOM:500477) total sales rose 9% to 14,646 units in April from 13,421 units sold a year ago, according to a Monday filing to the Indian stock exchanges.During the reported month, total medium and heavy commercial vehicles grew 4% at 8,302 units from 7,960 units a year earlier.Of the total, domestic sales of the commercial vehicles manufacturer were also up 14% year-on-year in April to 14,242 units.The company's shares were up nearly 1% in recent trade.

BOM:500477NSE:ASHOKLEY

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