Ashok Leyland jumps on robust Sep sales

Total sales during September 2014 rose 27% to 27% to 9,193 units compared to 7,232 units in Sep 2013

SI Reporter Mumbai
Last Updated : Oct 07 2014 | 11:45 AM IST
Shares of Ashok Leyland were up over 3% at Rs 43.40 after the company reported robust sales growth in heavy and commerical vehicle sales during September 2014.

Total sales in September 2014 rose 27% to 9,193 units compared to 7,232 units sold in the corresponding month last year, the company said in a release.

Medium and Heavy Commercial Vehicle sales in September 2014 surged 40% to 6,621 units from 4,715 units in September 2013.

Also Read

Further, sale of Light Commercial Vehicles inched up 2% to 2,572 units compared with 2,517 units in September last year.

The stock opened at Rs 42.25 and touched a high of Rs 44 as of now. Over 9.8 million shares were traded on both the stock exchanges so far.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 07 2014 | 11:43 AM IST

Next Story