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Tata Motors, Ashok Leyland shares rocket up to 12%. Here are 2 reasons fuelling the sharp surge

Shares of commercial vehicle majors Ashok Leyland and Tata Motors rallied as much as 12% on Thursday after a sharp drop in oil prices, which boosted investor sentiment amid hopes of an Iran deal.In today’s session, Ashok Leyland shares rallied as much as 12% to Rs 172 on the BSE, while commercial vehicle major Tata Motors jumped 9% to Rs 440.Why are these 2 stocks rising?1.) Oil tumbles 10% in…

First reported by The Economic Times 1 source
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  1. The Economic Times

    Tata Motors, Ashok Leyland shares rocket up to 12%. Here are 2 reasons fuelling the sharp surge (opens The Economic Times in a new tab)

    Shares of commercial vehicle majors Ashok Leyland and Tata Motors rallied as much as 12% on Thursday after a sharp drop in oil prices, which boosted investor sentiment amid hopes of an Iran deal.In today’s session, Ashok Leyland shares rallied as much as 12%…

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