Ashok Leyland fell 1.93% to Rs 83.80 at 13:24 IST on BSE after the company's total sales declined 30% to 7,083 units in April 2017 over April 2016.
The announcement was made during trading hours today, 2 May 2017.Meanwhile, the S&P BSE Sensex was up 20.91 points, or 0.07%, to 29,939.31.
On BSE, so far 10.71 lakh shares were traded in the counter, compared with average daily volume of 12.70 lakh shares in the past one quarter. The stock hit a high of Rs 86 and a low of Rs 83 so far during the day. The stock hit a 52-week high of Rs 111.65 on 1 June 2016. The stock hit a 52-week low of Rs 73.60 on 22 November 2016.
The large-cap company has equity capital of Rs 284.59 crore. Face value per share is Re 1.
Ashok Leyland's sales of light commercial vehicles (LCV) rose 11% to 2,558 units in April 2017 over April 2016. Sales of medium & heavy commercial vehicles (M&HCV) dropped 43% to 4,525 units in April 2017 over April 2016.
Ashok Leyland's net profit fell 13.02% to Rs 185.88 crore on 7.59% rise in net sales to Rs 4335.15 crore in Q3 December 2016 over Q3 December 2015.
Ashok Leyland is one of the leading manufacturers of medium and heavy commercial vehicles in India.
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