Ashok Leyland may sell shares to fund Nissan JV, stk up

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Ashok Leyland may sell shares to fund Nissan JV, stk up

At 09:55 am, Ashok Leyland was quoting at Rs 33.85, up Rs 0.75, or 2.27% on the NSE. The reports quoting that the company may sell shares to fund Nissan JV to raise part of Rs 600 equity investment. It was trading with volumes of 1,200 shares. Yesterday the share closed up at Rs 33.10.

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At 09:55 am, Ashok Leyland was quoting at Rs 33.85, up Rs 0.75, or 2.27% on the NSE. It has touched an intraday high of Rs 33.95 and an intraday low of Rs 33.55.

The reports quoting that the company may sell shares to fund Nissan JV to raise part of Rs 600 equity investment.

CFO of the company said that it may offer shareholders stake in Nissan JV.
 
It was trading with volumes of 1,200 shares. Yesterday the share closed up at Rs 33.10.