Ashok Leyland Share price gaining day by day

The share price of Ashok Leyland the flagship of the Hinduja group rises again day by day.

Ashok Leyland's share prices rose by 4% as the share touched 186 after the announcement of the company's 60% search profit to 580 crores in the third quarter of the current fiscal year.

The parent company of Ashok Leyland the Hinduja group reported a revenue of 9273 crores in the third quarter of the current financial year which reflects a growth of 2.7% compared with the growth of the third quarter of 2023.

All three quarters of the financial year 2024 played a very signific played a significant role in Ashok Leyland's success as 138416 units were sold also their performance at the export level gained a huge success.

"The current quarter saw the Confluence of good volumes better price realisation and higher cost savings thus helping us achieving better profitability." Shenu Agarwal MD of the company said in the regular regulatory filing.