Ashok Leyland Share Price Near Record High on Strong November Sales: Targets, Forecast and Key Risks (2 December 2025)
Ashok Leyland shares hit a record high of ₹164.50 on 2 December 2025 after November commercial vehicle sales jumped 32% year-on-year to 16,491 units. Trading volumes topped 1.1 crore shares, with strong institutional interest. The stock has surged 13% in a week and 25% over three months, far outpacing the Sensex. Brokerages issued fresh “Buy” calls, citing positive momentum and robust earnings.