Ashok Leyland Shares Surge 2.53% Amid High Volume Trading

Business
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Moneycontrol•23-01-2026, 15:29
Ashok Leyland Shares Surge 2.53% Amid High Volume Trading
- •Ashok Leyland shares rose 2.53% to Rs 195.10 on Friday, driven by high trading volume.
- •The company shows consistent annual revenue growth, from Rs 19,454.10 Crore in 2021 to Rs 48,535.14 Crore in 2025.
- •Ashok Leyland returned to profitability in 2023, with net profit reaching Rs 3,351.21 Crore in 2025.
- •Quarterly performance in September 2025 reported revenue of Rs 12,576.86 Crore and net profit of Rs 811.66 Crore.
- •The company announced a 1:1 bonus issue on May 23, 2025, and multiple dividends, including Rs 1.00 per share in November 2025.
Why It Matters: Ashok Leyland shares surged on strong trading volume, reflecting robust financial growth and positive corporate actions.
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