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AutomobilesMedium impactPre-market

Ashok Leyland expands global footprint with new ventures

pre-market1 source ↓written by the desknot a recommendation

Ashok Leyland is enhancing its global presence by establishing a new assembly facility in Saudi Arabia and partnering with Indonesia's PT Pindad to develop electric buses and defence vehicles. This strategic move aims to tap into the growing demand in emerging markets, particularly in Indonesia, where the company seeks to strengthen its foothold against Japanese competitors.

Key Points:

• New assembly facility in Saudi Arabia

• Joint venture with PT Pindad in Indonesia

• Focus on electric and defence vehicles

This expansion could significantly boost Ashok Leyland's market share in these regions.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 12 Feb 2026, 07:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

ASHOKLEY closed +2.3% on the day of the news, from ₹206.35 to ₹211.02; Nifty −0.6% over the same session; futures OI +0.2%.

Bulletin at 07:03 IST on 12 Feb 2026. Every change is measured from ₹206.35, the last close before it, on 11 Feb. Nifty 50 is measured over the same sessions.

  • ASHOKLEY close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
ASHOKLEY closes around the bulletin against the close before the news, with Nifty 50 rebased to it182.25206.35230.45axis spans 26%before the news · 11 Feb206.35Nifty 50ASHOKLEYbulletinD0+1+3+55 Feb17 Feb26 FebFutures open interest, lotspeak 35,000Reference close ₹206.35. 16 sessions from 5 Feb to 26 Feb; the price axis spans 26 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before11 Feb₹206.35basebase
On the day12 Feb₹211.02▲ +2.3%▼ −0.6%+2.8 pp difference
+1 session13 Feb₹204.63▼ −0.8%▼ −1.9%+1.0 pp difference
+3 sessions17 Feb₹207.68▲ +0.6%▼ −0.9%+1.5 pp difference
+5 sessions19 Feb₹203.49▼ −1.4%▼ −1.9%+0.5 pp difference
Gap at the open, % · ₹
0.0%+0.04 on 12 Feb
Day's range, % · ₹
3.7%≈ 7.7 high to low
Volume on the day
2.02×the 20-session average
Futures OI on the day
▲ +0.2%+61 lots · long build-up · price +2.3%
Futures OI open, lots
35,00012 Feb · 24 Feb expiry
Futures premium, ₹
−0.60−0.3% to spot
Puts per call, by OI
0.70from 0.62 the session before
Max pain
205from 205 the session before

Source NSE UDiFF bhavcopy · ASHOKLEY on the desk →

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