| The stock as a result gained nearly 5 per cent in Tuesday's trading to hit a high of Rs 217.85 before closing at Rs 216.35. The counter witnessed impressive volumes of 2.46 lakh shares at the BSE. |
| The stock was equally active at the National Stock Exchange with volumes accounting for 4.18 lakh shares. The scrip gained 4.59 per cent to close at Rs 216.40. |
| According to market analysts, the recently battered auto stocks were back in limelight in anticipation of good monsoon and strong sales numbers in the coming months. |
| While the domestic broking firm has re-rated the stock citing attractive valuation and strong export growth, the report cautioned about a slowdown in commercial vehicle sales growth. |
| Ashok Leyland reported a 31.6 per cent growth in fourth quarter net profit at Rs 87.30 crore, on a 23.5 per cent growth in net sales at Rs 1120 crore. |
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