Shares of Ashok Leyland fell for the 3rd day. Know why
Advertisement
Advertisement
Advertisement
Ashok Leyland Ltd., India's 2nd largest vehicle maker, fell for the 3rd day on Tuesday despite reporting very strong growth in monthly sales for August. The stock was caught up in the wider carnage that is going on at Dalal Street. But Ashok Leyland plunged 4.90 rupees, or 5.4 percent, to 85.40 rupees on the National Stock Exchange where 20.1 lakh shares were traded versus the 5-day average of 21.34 lakh shares.
The company has seen its market capitalisation jump 120 percent to 25,100 crore rupees in the past one year.
Image credit: Indiatimes
Advertisement
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- FSSAI in process of collecting pan-India samples of Nestle's Cerelac baby cereals: CEO
- 7 Nutritious and flavourful tiffin ideas to pack for school
- India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
- Top 5 places to visit near Rishikesh
- Indian economy remains in bright spot: Ministry of Finance
- A surprise visit: Tesla CEO Elon Musk heads to China after deferring India visit