TaMo CV, Ashok Leyland, Maruti rally up to 8% as crude oil price tumbles
Ashok Leyland is in focus.
· Business Standard Mkts
At 09:23 AM on Thursday, the Nifty Auto index was up 2.5 per cent, as compared to a 1.62 per cent rise in the Nifty 50.
The analysis
Ashok Leyland reported movement of 8%, 2.5% and 1.62%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +10.5% on the day at ₹170.21, and has returned -3.8% over three months. It sits 20% below its 52-week high. The auto sector has moved -5.8% over the same period, so Ashok Leyland is running 2.0 points ahead of its peers.
This is an Input cost / crude event. India imports most of its crude, so input costs pass through to margins downstream and to the rupee. Producers and consumers of the same input move in opposite directions. On the day the stock is +10.5%, so the tape moved decisively on this.
Market context
- In focus: Ashok Leyland (ASHOKLEY), in Auto.
- On the day, 2 of 2 are higher: Ashok Leyland leads at +10.5% and Maruti Suzuki trails at +5.5%.
- Over three months: Ashok Leyland -3.8% against Auto -5.8% (2.0 points ahead); Maruti Suzuki -10.8% against Auto -5.8% (5.0 points behind).
- At least 25% below the 52-week high: Maruti Suzuki (27%).
- Trading well above normal today: Ashok Leyland at 5.5 times its 20-day average volume and Maruti Suzuki at 2.4 times its 20-day average volume.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Ashok LeylandASHOKLEY · Auto | ₹170.21 | +10.5% | +11.5% | -3.8% | -19.7% | 5.5× | — |
| Maruti SuzukiMARUTI · Auto | ₹12,652.00 | +5.5% | +9.7% | -10.8% | -26.8% | 2.4× | — |
Auto
1M +4.5% · 3M -5.8%
Ashok Leyland, Maruti Suzuki
Prices as of 5 Nov 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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