Page 19 - Ashok Leyland

Ashok Leyland domestic M&HCV sales down by 47%; bus sales rise 36%

The drop came due to the truck business, which dropped by 58 per cent to 4,706 units from 11,117 units

Ashok Leyland builds a platform to let buyers configure vehicles

Known as 'modular' platform targeted for medium and heavy vehicles, the company expects that it will bring down its operational cost drastically and results in increase in profits

Ashok Leyland plans pain relief via K54 II, hope to save Rs 500 crore

Capex for the year is expected to be Rs 1,200-1,300 crore, against the initial plan of Rs 2,000 crore

Auto slowdown impact: Ashok Leyland PBT drops by 89% in Q3 on lower volumes

Total income plunges to Rs 4,038 cr from Rs 6,346 cr; firm continues with cost-paring measures

Market Ahead, February 12: Top factors that could guide markets today

A total of 486 companies, including Divi's Laboratories, Dish TV, Ashok Leyland, and IRCTC, are scheduled to announce their earnings today

Ashok Leyland, others buy Everfin's 7% stake in Hinduja Leyland Finance

The cash deal, which is valued at Rs 390 cr, will be spread over nine months over various tranches

Companies see Budget 2020 farm, infra push helping commercial vehicle sales

Tata Motors, Ashok Leyland, VECV Ltd report modest growth as economy slows and transporters are saddled with surplus capacity.

Ashok Leyland M&HCV domestic sales down by 49% to 6,949 in January

M&HCV truck sales in the domestic market stood at 4,837 units as compared with 12,042 units, a drop of 60 per cent. Bus sales rose to 2,112 units from 1,621 units

Ashok Leyland sales slump 40 per cent in January to 11,850 units

The company had sold 19,741 units in the same month last year, Ashok Leyland said in a regulatory filing

Technical calls from HDFC Securities: Buy Ashok Leyland, Tata Elxsi

Technical calls from Vinay Rajani, Technical & Derivatives Analyst, HDFC securities

Ashok Leyland, ABB Power Grids team up for electric buses in India

Ashok Leyland will develop and manufacture electric buses with ABB's award-winning TOSA flash-charging technology along with operational support and service

Slowdown pain spreads: Tata Motors, Ashok Leyland, Hero halt production

About 15,000 workers, mostly temporary and casual, out of work in auto making firms over past 2-3 months, 200,000 heads roll across dealerships

After cars, now truck sales hit a speed bump; decline 60% in August

India's economy grew by 5 per cent in the June quarter, the slowest in over six years. The manufacturing sector fared worse, growing at an abysmal 0.6 per cent. Listen to this podcast to know more

Commercial vehicle sales fall YoY, but grow MoM by 10-15% in Dec 2019

Ashok Leyland witnessed a rise in the sale of buses by 85 per cent to 2,560 units in December 2019 from 1,384 units, a year ago

Weekly stock picks by Religare Broking: Buy Ashok Leyland, Bata India

Ashok Leyland has been rebounding for the past five months and is now trading on the verge of fresh breakout from the consolidation range

Ashok Leyland, Citicorp Finance ink MoU for commercial vehicles' financing

Citicorp Finance will work in close coordination with the authorised dealers of Ashok Leyland to provide financial solutions to customers

Vipin Sondhi appointed Ashok Leyland's new MD and CEO, to focus on growth

Sondhi has been leading large MNC organisations with more than three decades of experience in the manufacturing and engineering sectors

Ashok Leyland faces a bumpy ride ahead over surplus capacity, slowdown

Though there are near-term headwinds, analysts believe the Ashok Leyland stock which is down nearly 30 per cent from year ago levels may not see a significant price correction from these levels

Hinduja Group offers to help Punjab in addressing stubble burning problem

The offer was made during a meeting between Punjab Chief Minister Amarinder Singh and Hinduja Group Chairman Prakash Hinduja, an official statement said here

Ashok Leyland plans up to 12 non-working days in sixth such move since July

The company has been suffering a massive and sustained drop in CV sales due to weak offtake brought on by economic slowdown