ET Intelligence Group: Shares of Ashok Leyland have been trading near record highs after the sales volume of the commercial vehicles maker grew in double digits, sequentially as well as year-on-year in the December quarter aided by GST rate cut and demand traction. The company expects the second half of FY26 to be better than the first half, driven by lower tax and improving infrastructure activity. It is currently ramping up capacity to take advantage of upbeat demand. The stock has gained 27% since November 12, when the company declared the second quarter result. Sales volumes (domestic and exports) rose 17.3% sequentially and 24.2% year-on-year to 57,625 units in the third quarter of FY26, reflecting sustained demand momentum. Domestic sales grew 24.6% year-on-year to 52,660 units, outp
Over the past three months, a group of stock broking firms has delivered robust gains, outpacing the broader market. Sensex managed a modest 4% gain during the same period, while seven stock broking firms saw their prices surge between 10& and 45%.Multi Commodity Exchange of India (MCX), Anand Rathi Share & Stock Brokers, IIFL Capital Services, SMC Global Securities, Share India Securities, Dolat Algotech Ltd, and 360 One WAM— are among the most notable performers.Anand Rathi Share & Stock Brokers emerged as the top performer, delivering an impressive 45% gain in three months, signalling strong investor confidence. Close on its heels were Multi Commodity Exchange of India and IIFL Capital Services, each advancing over 30%, ACE Equity data shows.Growing investor interest in th