Ashok Leyland Share Gain for the 3rd Straight Day on July 10, Post 1:1 Bonus Issue Announcement

Ashok Leyland has been attracting strong buying interest in the market, with its share price rising for the third day in a row. As of 10:23 AM on July 10, 2025, Ashok Leyland Limited was trading at ₹251.70, marking a marginal gain of 0.32% (₹0.80) from the previous close of ₹250.90. The stock opened higher at ₹253.90 and touched an intraday high of ₹254.00 before slipping to a low of ₹251.10. The volume-weighted average price (VWAP) stood at ₹252.50.

Bonus Issue Details: Record and Allotment Dates

The company, in a regulatory filing, confirmed that the record date for the bonus share allotment has been set for Wednesday, July 16, 2025. Shareholders who hold Ashok Leyland stock as of this date will be eligible to receive the bonus shares.

Further key dates:

• Deemed Date of Allotment: Thursday, July 17, 2025
• Trading Commencement of Bonus Shares: Friday, July 18, 2025

The company last issued bonus shares in 2011, when shareholders also received one bonus share for each share they owned.

 In May 2024, the company had announced the issue of free shares in the ratio of 1:1, along with dividend and March quarter results.

Ashok Leyland Q4 FY25 Financial Highlights

Ashok Leyland reported a 38.4% year-on-year jump in net profit for the 4th quarter, coming in at ₹1,246 crore, compared to ₹900 crore in the corresponding period last year. The bottom-line boost was aided by a tax credit of ₹173 crore, which had no equivalent in the same quarter last year. Revenue for the quarter rose 5.7% YoY to ₹11,906.7 crore, while EBITDA came in at ₹1,791 crore, reflecting an annual growth of 12.5%.

Read More: Last Day to Buy: D-Link (India), Nilkamal, Jenburkt Pharma & Others With ₹10+ Dividend for July 11 Record Date.

Conclusion

Ashok Leyland’s recent momentum in the stock market reflects investor optimism following its bonus issue announcement and steady financial performance. While the continued uptrend suggests strong sentiment, market participants should remain mindful of broader market conditions and conduct due diligence before making investment decisions.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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