AshokLeyland

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Market Wrap: 27 June 2025 – Large Movements, Daring Transactions, and Sector Turmoil

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Markets surged on 27 June 2025 with heavy FII inflows, sectoral rotation into banking and pharma, and key corporate developments including JSW’s Akzo buy, NTPC’s upcoming thermal launch, and major project wins across steel, cement, and energy. Investors should track policy shifts and GST developments closely.

Automobile, News

Ashok Leyland Bags ₹345.58 Crore Tamil Nadu Contract for 1,475 Bus Chassis, Announces Russian Subsidiary Liquidation

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Ashok Leyland has secured a ₹345.58 crore contract from the Tamil Nadu State Transport Corporation to supply 1,475 BSVI Diesel Passenger Bus Chassis. The company also announced the voluntary liquidation of its Russian subsidiary, LLC Ashok Leyland Russia. With a 37% year-on-year rise in net profit for Q2FY25, Ashok Leyland continues to strengthen its market position in India and globally.

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