<ul data-eligibleForWebStory="false"><li>Ashok Leyland's share price rose for the third consecutive day as market participants anticipated the bonus share issuance scheduled for July 17 in a 1:1 ratio.</li><li>The allotment committee of Ashok Leyland will assess shareholder eligibility on July 16, with bonus shares becoming tradable from July 18 based on an exchange filing.</li><li>In June, Ashok Leyland reported a 3% year-on-year increase in auto sales, with domestic sales slightly declining by 1% to 14,184 units.</li><li>The stock price of Ashok Leyland increased by 1.24% to Rs 254 per share, with a 52-week high of Rs 264.65 and a low of Rs 191.86. Analysts maintain a 'buy' rating with a consensus price target reflecting a 6.1% upside.</li></ul>

Ashok Leyland Shares Rise For Third Day; Bonus Share Allotment In Focus

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