Ashok Leyland: The Dramatic Share Price Drop
BY: BHARAT EXPRESS
Leyland, an automotive manufacturer, owned by the Hinduja Group, ranges up to 50 countries
About The Company
This company is the second largest manufacturer in India & is the fourth largest in the world
Widespread
Ashok Leyland have partnered with Tamil Nadu's Grama Bank by signing a Memorandum of Understanding on July 15
Partnership
Retail shareholders who had share capital upto 2 lakh held upto 9.38% stake at the company as of March 31, 2015
Previously
The company has announced one bonus share for every one share held by the stake holder
1:1 Ratio