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Auto shares fall

Auto stocks were trading in the negative zone, with the S&P BSE Auto index falling 189.63 points or 0.85% at 22034.16 at 13:48 IST. Among the components of the S&P BSE Auto index, Eicher Motors Ltd (down 2.05%), TVS Motor Company Ltd (down 2.02%),Hero MotoCorp Ltd (down 1.87%),Ashok Leyland Ltd (down 1.58%),Bosch Ltd (down 1.5%), were the top losers. Among the other losers were Escorts Ltd (down 1.45%), Mahindra & Mahindra Ltd (down 1.31%), Motherson Sumi Systems Ltd (down 1.06%), Tata Motors Ltd (down 1.01%), and Amara Raja Batteries Ltd (down 0.8%). On the other hand, Exide Industries Ltd (up 1.1%), Maruti Suzuki India Ltd (up 0.36%), and Balkrishna Industries Ltd (up 0.25%) moved up.

Ashok Leyland Ltd gains for third straight session

Ashok Leyland Ltd is quoting at Rs 118.5, up 2.51% on the day as on 12:49 IST on the NSE. The stock is up 147.13% in last one year as compared to a 55.32% jump in NIFTY and a 79.38% jump in the Nifty Auto index. Ashok Leyland Ltd is up for a third straight session today. The stock is quoting at Rs 118.5, up 2.51% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.26% on the day, quoting at 14838.1. The Sensex is at 49675.92, up 1.5%. Ashok Leyland Ltd has gained around 4.27% in last one month. Meanwhile, Nifty Auto index of which Ashok Leyland Ltd is a constituent, has gained around 0.8% in last one month and is currently quoting at 9708.2, up 2.43% on the day. The volume in the stock stood at 138.35 lakh shares today, compared to the daily average of 254.62 lakh shares in last one month.

Ashok Leyland bets on LCVs, defence to grow

Ashok Leyland bets on LCVs, defence to grow
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