Ashok Leyland rallies nearly 5%, hits 52-week high post September sales data

NEW DELHI: Ashok Leyland Ltd rose as much as 4.7 per cent in trade on Tuesday to hit its fresh 52-week high of Rs 44, after the company reported total sales of 9193 vehicles in September 2014 as compared to 7232 vehicles in September 2013, a growth of 27 per cent.

At 09:55 a.m.; Ashok Leyland was trading 3 per cent higher at Rs 43.30. It hit a low of Rs 42.25 and a 52-week high of Rs 44 in trade today.

The M&HCV segment reported 40 per cent YoY jump in sales to 6621 units in September 2014 as against 4715 units in September 2013.

The LCV segment reported 2 per cent YoY increase in sales to 2572 units in September 2014 as compared to 2517 units reported in September 2013.