The stock opened at 145.10 level and hit an intra day high of 150 on BSE. Its market capitalisation stood at Rs 43,815 crore. It is trading above its 50-day and 200 day moving average of 143 .95 and 128.09 levels, respectively.

Ashok Leyland, a flagship of the Hinduja Group, recently did the ceremonial ground breaking of its third bus assembling plant in the country, at Vijayawada in Andhra Pradesh.

Maruti Suzuki India registered a 14.2 per cent increase in domestic sales at 1,37,900 units in February, propelled by the compact segment comprising Swift, Estilo, Dzire and Baleno.

Tata Motors reported 38 per cent jump in domestic sales at 58,993 units, led by strong sales in commercial and passenger vehicle (PV) segments.

The city-based lender, promoted by the Hinduja Group, saw a 20 per cent rise in the key net interest income at Rs 1,894.81 crore on a 25 per cent growth in advances, while its deposits grew 23 per cent.

Ending months of speculation, IndusInd Bank and the second largest microlender Bharat Financial Inclusion (BFIL) on Saturday announced largest merger in the MFI space in an all-share deal, which will help the private sector lender push its rural network and bring down credit cost for small borrowers.

There was an increase of 26 per cent in the aggregate wealth of the top 100 richest people.

The Goods and Services Tax (GST) is a path-breaking change in the world's tax system.

The Hinduja Group firm reported a 11 percent rise in June sales on Monday. Sales rose to 12,330 units in June compared with 11,108 units in the corresponding month last year.

At 1510 hours, the Ashok Leyland stock was trading 6.77 percent or 6.35 points higher at Rs 100.20 on the BSE.

India is home to world's fourth highest number of billionaires with Reliance Industries chief Mukesh Ambani leading the club of more than 100 super rich Indians, according to a new list released by Forbes magazine.