Ashok Leyland gains on robust September sales

Total sales increased 61% to 14,771 units in September 2015 compared to sale of 9,185 units in September 2014

Ashok Leyland’s Pantnagar plant in Uttarakhand
Ashok Leyland’s Pantnagar plant in Uttarakhand
SI Reporter Mumbai
Last Updated : Oct 01 2015 | 1:52 PM IST
Shares of Ashok Leyland were up over 2% at Rs 94 after the company announced robust sales in September 2015 compared to the same month last year.

Total sales increased 61% to 14,771 units in September 2015 compared to sale of 9,185 units in September 2014, the company said in release.

Sales of medium and heavy commercial vehicles surged 83% to 12,134 units in September 2015 compared to 6,625 units in the corresponding month last year. Sale of light commercial vehicles were marginally up by 3% at 2,637 units compared with 2,560 units in September 2014, the release added.

The stock opened at Rs 93 and touched a high of Rs 95. At 1:50pm, over 15.4 million shares were traded on both the stock exchanges.

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First Published: Oct 01 2015 | 1:51 PM IST

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