Ashok Leyland Auto Sales Surge 29% in November, Shatter Estimates; Shares Jump on Strong Volumes

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CNBC TV18•01/12/2025
Ashok Leyland Auto Sales Surge 29% in November, Shatter Estimates; Shares Jump on Strong Volumes
- •Ashok Leyland's November sales rose 29% from last year.
- •The company sold 18,272 units in November, beating estimates.
- •Domestic sales dominated with 16,491 vehicles sold.
- •Q2 revenue grew 9.3% to ₹9,588 crore.
- •Shares traded at ₹160.83, up 1.71%.
Why it matters: Strong sales growth may impact Ashok Leyland stock and signal industry recovery.
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