Ashok Leyland stock falls 10% after CEO Vinod Dasari quits

India's second-largest commercial vehicle maker Ashok Leyland's shares fell about 10.5% on Wednesday after CEO and MD Vinod Dasari announced his resignation. Dasari had joined the Hinduja Group company as Chief Operating Officer fourteen years ago and took over as the MD in 2011. The company on Tuesday posted a lower-than-expected 37.5% rise in second-quarter profit at ₹460 crore.