Ashok Leyland share price trades volatile on promoter pledge, auto stocks crash; what should investors do?

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.

  • Aniket Pujari

    Aniket Pujari

    Aniket Pujari, a graduate in Financial Markets, is the founder of Minute To Know News, a digital platform providing daily news updates on cryptocurrencies, finance, and economics. With a passion for finance and technology, Aniket has been exploring the world of cryptocurrencies since 2015, building a deep understanding of these rapidly evolving industries.

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