Ashok Leyland Jumps Over 7%, Hits Fresh All-Time High

rallied sharply on 27 November 2025, surging as much as 8.76% to hit a fresh all-time high of ₹162. The strong move came after the company announced that its Board approved the merger of subsidiary Hinduja Leyland Finance into NDL Ventures. Under the restructuring plan, Hinduja Leyland Finance shareholders will receive 25 equity shares of NDL Ventures for every 10 shares held. The update lifted overall market sentiment, fueling aggressive buying during the session. Ashok Leyland also extended its winning streak, closing in the green for the third consecutive day and reinforcing the stock’s strong short-term momentum.