Ashok Leyland lost 0.85% to Rs 17.55 at 9:16 IST on BSE after the company reported a net loss of Rs 25.05 crore in Q2 September 2013 compared with net profit of Rs 142.59 crore in Q2 September 2012.
The Q2 result was announced after market hours on Wednesday, 6 November 2013.
Meanwhile, the S&P BSE Sensex was up 8.12 points or 0.04% at 20,903.06.
On BSE, 45,144 shares were traded in the counter as against average daily volume of 11.27 lakh shares in the past two weeks.
The stock hit a high of Rs 17.85 and a low of Rs 17.50 so far during the day.
Ashok Leyland's total income from operations declined 23.19% to Rs 2549.62 crore in Q2 September 2013 over Q2 September 2012.
Ashok Leyland, the flagship of the Hinduja Group, is the second largest maker of commercial vehicles in India after Tata Motors.
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