Ashok Leyland . sees 4.01% stock price growth, outperforms sector and Sensex

Ashok Leyland ., a leading player in the auto-trucks industry, has seen a positive growth in its stock price on November 25, 2024. The stock has gained 4.01%, outperforming the sector by 0.29%. This marks the second consecutive day of gains for the company, with a total increase of 6.42% in the past two days.

The stock reached an intraday high of Rs 234.75, showing a 4.71% increase. It is currently trading higher than its 5-day, 20-day, 50-day, and 200-day moving averages, but lower than its 100-day moving average. This indicates a positive trend for the company's stock.

In the auto-trucks sector, Ashok Leyland . has shown a gain of 3.51%. This is a positive sign for the company, as it reflects the overall growth in the sector.

At the current price, Ashok Leyland . offers a high dividend yield of 3.1%. This is a good opportunity for investors looking for stable returns.

In comparison to the Sensex, Ashok Leyland . has outperformed with a 1-day performance of 4.13% versus Sensex's 1.66%. In the past month, the company's stock has shown a growth of 8.89%, while the Sensex has only grown by 1.30%. This further highlights the strong performance of Ashok Leyland . in the market.

Overall, Ashok Leyland . has shown a positive growth in its stock price, outperforming the sector and the Sensex. With a strong presence in the auto-trucks industry and a high dividend yield, the company is a promising choice for investors.