Ashok Leyland shares drop 4.5 pc after March sales data

New Delhi, Apr 1 () Shares of Ashok Leyland on Wednesday dropped 4.5 per cent after the company reported 90 per cent decline in total vehicles sales in March.

The scrip tanked 4.53 per cent to close at Rs 41.10 on the BSE. During the day, it dropped 6.85 per cent to Rs 40.10.

On the NSE, it fell 4.29 per cent to close the day at Rs 41.20.

In traded volume terms, 12.97 lakh shares were traded on the BSE and 3.71 crore shares were traded on the NSE during the day.

The Hinduja group flagship firm reported 90 per cent decline in total vehicles sales at 2,179 units in March.

The company had sold 21,535 units in the same month last year, Ashok Leyland said in a regulatory filing. SUM ANSANS