Ashok Leyland rose 1.62% to Rs 100.20 at 14:25 IST on BSE after the company announced that total sales rose 7% to 11,108 units in June 2016 over June 2015.
The announcement was made during market hours today, 1 June 2016.Meanwhile, the S&P BSE Sensex was up 191.10 points or 0.71% at 27,190.82.
On BSE, so far 11.55 lakh shares were traded in the counter as against average daily volume of 12.55 lakh shares in the past two weeks. The stock hit a high of Rs 100.55 and low of Rs 98.85 so far during the day. The stock had hit a record high of Rs 112.80 on 13 April 2015.The stock had hit 52-week low of Rs 70.50 6 July 2015.
The large-cap company has equity capital of Rs 284.59 crore. Face value per share is Rs 1.
Ashok Leyland said that sales of medium & heavy commercial vehicles (M&HCV) rose 8% to 8,685 units in June 2016 over June 2015. Sales of light commercial vehicles (LCV) rose 0.41% to 2,423 units in June 2016 over June 2015
Ashok Leyland's net profit dropped 66.5% to Rs 77.02 crore on 26.7% rise in total income to Rs 6028.92 crore in Q4 March 2016 over Q4 March 2015.
Ashok Leyland is the second largest manufacturer of commercial vehicles in terms of sales in India.
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