Ashok Leyland registers 25% increase in sales in August

As per a recent update, the total sales by Ashok Leyland registered a growth of 25% on YoY basis. It sold 13,634 units in August 2017 as compared to 10,897 units during the corresponding period last year. 
 
In the medium and heavy commercial vehicles segment, it posted a growth of 29%, selling 10,567 units as against 8,201 units in August 2016. It sold 3,067 units of large commercial vehicles in August 2017 as compared to 2,696 units sold in August 2016, registering a growth of 14%.
 
The stock of Ashok Leyland soared over 5% during Friday’s trade on the BSE. It witnessed a spurt in volume by more than 1.02 times. The stock hit an intraday high and low of Rs 113 and Rs 107.40, respectively.
 
Ashok Leyland was trading at Rs 112.50 per share, up by Rs 4.95 or 4.62% as at 1117 hours on Friday, on the BSE. It attracted a traded volume of 92,29,073 shares and traded value of Rs 10,223.97 lakhs on the NSE.