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The Economic Times
The Economic Times
Veer Sharma

Ashok Leyland, Tata Motors and other CV stocks soar up to 9%. What’s triggering the surge?

Shares of commercial vehicle (CV) companies such as Ashok Leyland, Tata Motors, Force Motors, Eicher Motors, and SML Mahindra rallied up to 9% after a sharp drop in oil prices following the US-Iran peace deal boosted investor sentiment.

CV stocks witnessed strong buying interest, led by Tata Motors, which surged 9% to Rs 426. Ashok Leyland climbed 6% to Rs 161, while Eicher Motors advanced more than 3% to Rs 7,542. Force Motors gained 7% to Rs 19,175, and SML Mahindra rose 8% to Rs 4,177.

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