Ashok Leyland share price experienced heightened volatility in morning trade on the BSE on Thursday, March 27, driven by multiple factors, including promoters creating a pledge, US President Donald Trump’s announcement of a 25 per cent tariff on auto imports, and the potential shutdown of UK manufacturing operations by its step-down subsidiary, Switch Mobility. Ashok Leyland’s share price opened at ₹206 against its previous close of ₹214.95 and dropped nearly 5 per cent to an intraday low of ₹205.05. However, the stock pared losses significantly. Around 9:55 AM, the automobile stock was 0.54 per cent down at ₹213.80.
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