Ashok Leyland shares rise 3% after Q3 profit surges 36% YoY. Should you buy, sell, or hold?

Shares of Ashok Leyland climbed as much as 2.6% on Thursday to Rs 225.3 on the BSE after the company reported a 36% year-on-year (YoY) growth in its consolidated net profit for the December quarter, reaching Rs 762 crore, compared to Rs 560 crore in the same period last year.

The Q3FY25 revenue…