Ashok Leyland rose 1.79% to Rs 93.85 at 14:45 IST on BSE after the company's total sales jumped 61% to 14,771 units in September 2015 over September 2014.
The company made announcement during market hours today, 1 October 2015.
Meanwhile, the S&P BSE Sensex was up 62.56 points or 0.25% at 26,219.67.
On BSE, so far 18.17 lakh shares were traded in the Ashok Leyland counter as against average daily volume of 20.15 lakh shares in the past one quarter.
The stock hit high of Rs 94.80 and low of Rs 92.80 so far during the day. The stock had hit a record high of Rs 99.50 on 18 August 2015. The stock had hit a 52-week low of Rs 40.55 on 30 September 2014.
Ashok Leyland said sales of medium & heavy commercial vehicles (M&HCV) jumped 83% to 12,134 units in September 2015 over September 2014. Sales of light commercial vehicles (LCV) rose 3% to 2,637 units in September 2015 over September 2014.
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Ashok Leyland reported net profit of Rs 159.32 crore in Q1 June 2015 compared with net loss of Rs 47.95 crore in Q1 June 2014. Total income rose 53.7% to Rs 3868.31 crore in Q1 June 2015 over Q1 June 2014.
Ashok Leyland is the second largest manufacturer of commercial vehicles in terms of sales in India.
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