239.3600 4.83 (2.06%)
NSE May 15, 2025 15:31 PM
Volume: 5.1M
 

239.36
2.06%
LKP Securities
Losses narrow down in Q2, CV and EV demand may provide the required push Ashok Leyland (AL) reported small losses of 832 mn in Q2 v/s 2.8 bn qoq and 1.45 bn yoy as volume growth has been strong in Q2. The realizations were up by 20.3% yoy and flattish qoq on price hikes taken during the quarter sequentially and product mix shifting towards high margin LCVs. The company's market share declined a bit as southern markets were impacted by Covid...
Ashok Leyland Ltd. is trading above all available SMAs
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