India's Ashok Leyland rises after June vehicle sales jump

Ashok Leyland

01/07/2026 08:26

** Shares of India's Ashok Leyland ASOK.NS jump 4.78% to 164.81 rupees
** Stock is the top gainer Nifty Auto Index .NIFTYAUTO which is up 0.87% on the day
** Commercial vehicle maker's total vehicle sales, including exports, rise 25% y/y to 19,194 units in June
** Medium and heavy commercial vehicle truck sales jump 44% yoy, while light commercial vehicle sales increase 28%
** ASOK rated "buy" on average by 34 analysts, median PT at 180 rupees -- data compiled by LSEG
** YTD stock down 8% vs auto index's fall of 5.25%

 (Reporting by Surbhi Misra in Bengaluru)
 ((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))