Ashok Leyland, the commercial vehicle manufacturer, has reported an increase of 36% in sales in February 2015 to 10,762 units as against 7,915 units sold in the same period of last year. The company experienced a rise of 48% in its M&HCV products segment to 8,230 units in February.
The company's large commercial vehicle (LCV) witnessed a rise of 8% to 2,532 units in February. Sales for April 2014-February 2015 went up 17% over previous year period to 92,148 units.
Shares of the company declined Rs 0.05, or 0.07%, to trade at Rs 72.85. The total volume of shares traded was 398,329 at the BSE (9.38 a.m., Tuesday).