Ashok Leyland rose 4.61% to Rs 118 at 14:23 IST on BSE after total sales rose 27% to 15,199 units in July 2018 over July 2017.
The announcement was made during market hours today, 1 August 2018.Meanwhile, the S&P BSE Sensex was down 70.31 points, or 0.19% to 37,536.27
On the BSE, 69.86 lakh shares were traded in the counter so far, compared with average daily volumes of 36.62 lakh shares in the past one quarter. The stock had hit a high of Rs 118.85 and a low of Rs 112.05 so far during the day. The stock had hit a record high of Rs 167.50 on 8 May 2018. The stock had hit a 52-week low of Rs 98.80 on 11 August 2017.
The large-cap company has equity capital of Rs 293.53 crore. Face value per share is Re 1.
Ashok Leyland's sales of light commercial vehicles jumped 42% to 4,203 units and sales of medium & heavy commercial vehicles rose 22% to 10,996 units in July 2018 over July 2017.
Ashok Leyland's net profit rose 232.7% to Rs 370.10 crore on 46.79% rise in net sales to Rs 6250.13 crore in Q1 June 2018 over Q1 June 2017.
Ashok Leyland is one of the leading manufacturers of medium and heavy commercial vehicles in India.
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