Ashok Leyland shares jump over 5% post August sales data

Updated: Fri, Sep 01, 2017
05:39 pm
PTI
RELATED NEWS
Exclusive: Private equity firms circling Nestle's skin health business - sources Exclusive: Private equity firms circling Nestle's skin health business - sources
Analysis: As outlook darkens, central banks think hard about their language Analysis: As outlook darkens, central banks think hard about their language
Emerging economies facing headwinds from weaker capital flows, currency dips: Gopinath Emerging economies facing headwinds from weaker capital flows, currency dips: Gopinath
RBI proposes to relax norms for new players' entry in retail payment RBI proposes to relax norms for new players' entry in retail payment

Shares of Ashok Leyland today

surged over 5 per cent after the company reported a 25.11 per

cent increase in total sales in August.

The scrip advanced by 5.42 per cent to close at Rs 112.85

on BSE. During the day, it jumped 5.55 per cent to Rs 113.

On NSE, it soared 5.36 per cent to end at Rs 112.85.

The company's market valuation climbed Rs 1,697.95 crore

to Rs 33,025.95 crore.

On the equity volume front, 21.90 lakh shares of the

company were traded on BSE and over one crore shares changed

hands at NSE during the day.

Ashok Leyland today reported a 25.11 per cent increase in

total sales at 13,634 units in August.

The company had sold 10,897 units in the same month last

year.

Sales of medium and heavy commercial vehicles grew by

28.85 per cent to 10,567 units as against 8,201 units in the

year-ago month, the company said in a statement.

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)