Ashok Leyland gains on completion of bus export order

It has supplied 100 buses to Ghana

Ashok Leyland is trading higher by nearly 2% at Rs 27 on the Bombay Stock Exchange (BSE) after it announced the completion of an export order for buses worth $7.6 million.

The company has supplied 100 'Falcon' buses to Ghana worth $7.6 million. "These vehicle were inducted into the fleet of Metro Mass Transit Limited, a transport company in which the Government of Ghana has 45% stake," its said in a filing to the BSE.

The stock opened at Rs 26 and touched the intra-day high of Rs 27.15. As many as 1,58,000 shares have changed hands compared to its two-week average of 6,09,000 shares.