Ashok Leyland up 4% post June sales numbers

Reported a 28% year-on-year rise in its total sales of commercial vehicles at 10,244 units in June

Ashok Leyland is trading higher by 4% at Rs 25.40 after reporting a 28% year-on-year growth in its total sales of commercial vehicles at 10,244 units in June 2012, on back of robust sales recorded by small commercial vehicle ‘Dost’.

Excluding the sales of ‘Dost’, total sales declined by 6% during the month under review at 7,519 vehicles as against 8,009 vehicles sold in the corresponding period in 2011. During April-June 2012, Hinduja group firm sold 27,585 units, up by 43.09% from 19,277 units in the corresponding period last year.

A combined 1.7 million shares have changed hands on the counter in opening deals on the NSE and BSE.