Ashok Leyland gains on fund raising plans
26/06/2014 11:10
Shares of Ashok Leyland rose nearly 1 per cent in early trade on Bombay Stock Exchange (BSE) on reports that India's second-largest truckmaker, is planning to raise about Rs 600 crore to Rs 700 crore through an qualified institutional placement to pare debt. The shares of company rose as much as 0.90 per cent to trade at Rs 38.45 a piece on the BSE. However, shares of the company rose 1.05 per cent to Rs 38.50 a piece on National Stock Exchange. Meanwhile, the broader benchmark Sensex was quoting at 25,186.06, down 127.68 points or 0.50 per cent at 11.06 hours.
26/06/2014 11:10
Shares of Ashok Leyland rose nearly 1 per cent in early trade on Bombay Stock Exchange (BSE) on reports that India's second-largest truckmaker, is planning to raise about Rs 600 crore to Rs 700 crore through an qualified institutional placement to pare debt. The shares of company rose as much as 0.90 per cent to trade at Rs 38.45 a piece on the BSE. However, shares of the company rose 1.05 per cent to Rs 38.50 a piece on National Stock Exchange. Meanwhile, the broader benchmark Sensex was quoting at 25,186.06, down 127.68 points or 0.50 per cent at 11.06 hours.
