Ashok Leyland shares rise on merger approval news
after close1 source ↓written by the desknot a recommendation
- of ₹156.40 following
- 52-week high
Shares of Ashok Leyland surged to a 52-week high of ₹156.40 following board approval for the merger of Hinduja Leyland Finance into NDL Ventures. The stock gained nearly 63% from its yearly low, reflecting strong trading volumes and sector momentum. Regulatory clearance is pending for this significant restructuring.
Not investment advice. For informational purposes only.