Page 15 - Ashok Leyland

Ashok Leyland trucks sales up 56% in December, bus sales drop 90%

Total vehicles sales rose by around 14 per cent to 11,857 units from 10,378 units

State undertakings may add 5,000 vehicles, revive demand for buses in Q4

Lockdown factors such as temporary shutting of schools, WFH, and cash crunch for transport undertakings have hit the buses segment substantially

Volume uptick in FY22 to drive revenue, margin gains for Ashok Leyland

The company is expected to gain market share led by higher tonnage trucks

November CV sales ride high on strong demand for lower tonnage vehicles

Cumulative dispatches at top four manufacturers including advanced 1.21 per cent year-on-year

Ashok Leyland's truck sales rise 23% in Nov, bus sales decline 90%

The sales of light commercial vehicles (LCV) rose by 31 per cent to 5,305 units in November 2020 from 4,056 units in November, last year

Ashok Leyland renames Optare as SwitchMobility, unveils global EV plan

With a new structure, SwitchMobility will be positioned to become Ashok Leyland's global arm, focusing on electric vehicles and green mobility solutions

Hitachi ABB Power Grids teams up with Ashok Leyland in e-bus pilot

Smart e-mobility is still at a nascent stage in India.

Nifty outlook and stock recommendations by Sameet Chavan of Angel Broking

Traders should not to trade aggressively now and rather continue with a stock-centric approach

Ashok Leyland announces VRS for the second time in last two years

The VRS will be implemented over a period of 9 months at the company offices/factory locations

Ashok Leyland floats new subsidiary to manufacture bus bodies, coaches

The new company will manufacture bus bodies and coaches

Faster recovery in CV segment remains key for Ashok Leyland stock

Despite increase in freight rates, operator profitability yet to reach normal levels

Ashok Leyland hits 52-wk high on demand recovery hope; stk up 73% in 3 mths

M&HCV demand and inquiries have slowly started returning as operators have started paying EMIs post moratorium, eventually leading to the ease of financing

Ashok Leyland's acyclical businesses help offset domestic M&HCV loss

"We will be extremely tight and vigilant on the capex," said CFO Gopal Mahadevan

Ashok Leyland reports loss of Rs 147 cr in Sept quarter, revenue dips 28%

Revenue from operations during the quarter stood at Rs 2,837 crore, down 28% YoY

Ashok Leyland reports net loss of Rs 96.23 crore in September quarter

Hinduja flagship firm Ashok Leyland on Friday reported a consolidated net loss of Rs 96.23 crore in the second quarter ended September. The company had posted a consolidated net profit of Rs 69.95 crore in the same period last fiscal, Ashok Leyland said in a regulatory filing. Consolidated revenue from operations during the quarter under review stood at Rs 3,852.84 crore as against Rs 5,096.13 crore in the year-ago period, it added. Commenting on the performance in the second quarter, Ashok Leyland Ltd Managing Director and Chief Executive Officer Vipin Sondhi said: "While the challenges in the market due to COVID-19 continue, the company has seen a marked improvement in the company's performance in this quarter." The performance of the company's newly launched AVTR platform in the M&HCV segment and Bada Dost in the LCV segment gives immense confidence that the company is on the right track, he added. "Our innovative I-gen6 (Mid-NOx) BS-VI solution has received a very positive ...

Ashok Leyland nears 52-week high post October sales, zooms 72% in 3 months

Ashok Leyland's total volumes were up 1 per cent year-on-year to 9,989 units in October, led by healthy 14 per cent growth each in trucks and LCVs

Revival in economic activity, infra and rural demand pushes CV sales

Faster recovery seen with festive season ahead, though overall sales are likely to be lower, as Q1 was completely washed out

Ashok Leyland commercial vehicle sales rise 1% in October to 9,989 units

Hinduja flagship firm Ashok Leyland reported 1% increase in total commercial vehicle sales to 9,989 units in October

Ashok Leyland truck sales up by 13 per cent in October to 3,762 units

Total vehicle sales dropped by two per cent to 8,885 units in October 2020 from 9,079 units, last year

Ashok Leyland launches BOSS LX and LE trucks; prices start at Rs 18 lakh

The two models start at Rs 18 lakh, the ex-showroom prices in Mumbai, Delhi, and Chennai.