Ashok Leyland Shares Surge Up to 5% on Strong June Sales

$ASHOKLEY d’s stock climbed as much as 5% in early trade on Wednesday after the company posted robust June sales figures. Total vehicle dispatches rose 25% year-on-year to 19,194 units, signalling healthy demand recovery in the commercial vehicle segment. Medium and heavy commercial (M&HCV) truck sales jumped sharply by 44% to 9,616 units, while light commercial vehicles (LCVs) grew 28% to 7,038 units. Domestic sales increased 26% to 17,912 units, driven by strong truck demand. The positive momentum helped the stock hit an intraday high of ₹165.75 before closing at ₹162.05, up 2.76%. For the April-June quarter, total sales grew 10% YoY to 48,763 units