Tata Motors, Ashok Leyland shares rocket up to 12%. Here are 2 reasons fuelling the sharp surge
Shares of commercial vehicle majors Ashok Leyland and Tata Motors rallied as much as 12% on Thursday after a sharp drop in oil prices, which boosted investor sentiment…
Attributed summary
Shares of commercial vehicle majors Ashok Leyland and Tata Motors rallied as much as 12% on Thursday after a sharp drop in oil prices, which boosted investor sentiment amid hopes of an Iran deal.In today’s session, Ashok Leyland shares rallied as much as 12% to Rs 172 on the BSE, while commercial vehicle major Tata Motors jumped 9% to Rs 440.Why are these 2 stocks rising?1.) Oil tumbles 10% in…
Read the original report — Economic Times
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