 "Ashok Leyland")
Shares of Ashok Leyland continued to surge on Friday on the benchmark BSE. On Thursday, the stock was up 13 per cent and on Friday it rose by 3.44 per cent to Rs 63.15, before ending at Rs 61.55.
The development comes after the company said it expects the third quarter (Q3) and Q4 of 2020-21 (FY21) to be better, margins are expected to rise and Ashok Leyland will be much stronger when the market opens up, which analysts have also echoed.
The company reported a consolidated net loss of Rs 388.82 crore for the first quarter ended June 30 (Q1) as
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