Synopsis :

Ashok Leyland has received an order from Tamil Nadu State Transport Undertakings (TNSTU) for 1,937 buses worth ₹ 668.76 crore. The order includes low-floor and semi-low-floor buses equipped with BS VI technology, set for delivery between 2025 and 2027.

The shares of the Mid-cap company specializing in the manufacturing of commercial vehicles, including a wide range of buses and trucks for various applications, as well as light vehicles and specialised defence vehicles, jumped by upto 2 percent upon securing an order worth approximately Rs. 669 crores for the supply of buses.

With a market capitalization of 80,760.00 Crores on Thursday, the shares of Ashok Leyland Ltd jumped by upto 1.69 percent, reaching a high of Rs. 137.95 compared to its previous close of Rs. 135.65.

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