Ashok Leyland, APL Apollo Tubes and TVS Motor Hit Fresh All-Time High on January 1, 2026: Here’s Why

Amid this backdrop, these Nifty 500 stocks touched a fresh all-time high in the first trading session of the year.

Stocks That Hit a Fresh All-Time High

APL Apollo Tubes Ltd

APL Apollo Tubes’ share price was trading higher by 2.47% as of 12:39 PM at ₹1,961 per share on NSE. The stock touched a fresh all-time high on January 1, 2026.

The stock gained after the company announced an all-time high sales volume for Q3FY26. The company reported sales volume of 916,976 tonnes in Q3FY26, compared to 855,037 tonnes in Q2FY26 and 828,200 tonnes in Q3FY25. For 9MFY26, sales volume stood at 2,566,363 tonnes, marking an 11% year-on-year increase.

APL Apollo Tubes is India’s leading structural steel tube manufacturer. Headquartered in Delhi NCR, the company operates 11 manufacturing facilities with a total capacity of 4.5 million tonnes. It has a pan-India presence with units strategically located in Hyderabad, three plants at Sikandarabad (UP), Bangalore, Hosur (Tamil Nadu), two plants in Raipur (Chhattisgarh), Malur (Karnataka), Murbad (Maharashtra), and Umm Al Quwain (UAE). APL Apollo’s multi-product offerings include over 3,000 varieties across structural steel applications, supported by state-of-the-art manufacturing facilities.

Ashok Leyland

Ashok Leyland’s share price jumped nearly 2.4% to ₹183.6 on NSE, and the stock hit a fresh all-time high.

Ashok Leyland, the Indian flagship of the Hinduja Group and one of the country’s leading commercial vehicle manufacturers, was seen rallying ahead of its monthly sales update for December 2025. In the previous update for November, the company reported total vehicle sales up 29% year-on-year.

TVS Motor Company

TVS Motor Company’s share price advanced nearly 1.5% and touched a fresh all-time high on Thursday, January 1, 2026.

TVS Motor Company, a global player in two- and three-wheelers, is expected to announce its monthly sales on January 1, 2026. Recently, the company signed a Memorandum of Understanding (MoU) with Manba Finance Limited to offer retail finance solutions for its commercial mobility portfolio. This partnership aims to improve vehicle affordability and expand access to structured financing across India. Under the agreement, Manba Finance Limited will provide monthly EMI-based financing solutions across TVS Commercial Mobility’s passenger and cargo three-wheeler range, covering both internal combustion engine (ICE) and electric vehicle (EV) models.

Conclusion

These are three prominent Nifty 500 stocks that touched fresh all-time highs in the first trading session of 2026.