Ashok Leyland shares in focus as UK EV unit considers shutting down plant
Ashok Leyland shares fell as much as 4.6% on Thursday to Rs 205.05 on the BSE after the commercial vehicle manufacturer revealed intentions to suspend production at its UK electric bus affiliate, Switch Mobility, due to increasing losses. Additionally, one of its proprietors, Hinduja Automotive, pledged about 30% of its interests, valued at more than…