neutral
Recently
Ashok Leyland Shares Rally to Record High as December Sales Jump
Ashok Leyland shares rose over 3.5% to record levels after a 27% December sales increase boosted sentiment for commercial vehicle demand.
Ashok Leyland’s stock climbed as much as 3.55% and hit fresh record highs following a reported 27% surge in December sales, underscoring improving demand momentum in the commercial vehicle segment. Traders highlighted that robust domestic and fleet ordering activity lifted sentiment for the truck maker’s shares, while broader auto sector cues also supported gains. Market participants are watching upcoming monthly sales data, export trends, and supply chain indicators that could further influence the stock’s near-term direction.