Page 24 - Ashok Leyland

Ashok Leyland expects 20% growth in bus business this year

The company sold around 20,000 vehicles last year, of which around 13,500 units were in the domestic market.

Ashok Leyland draws up Rs 10 billion investment plan for 2018-19

Ashok Leyland Managing Director Vinod K Dasari said the company grew by 50 per cent last year

Ashok Leyland shares gain 3% on defence ministry's Rs 1-bn contract win

At the end of today's trade, the stock was quoted at Rs 145.45 per unit, up 3.14 per cent on the BSE

Ashok Leyland gets order worth Rs 1 bn from MoD to carry Smerch Rockets

We have won 12 of the 15 tenders we participated in last year, said Ashok Leyland Head (Defence)

Ashok Leyland bags order worth Rs 1 bn from govt to carry Smerch Rockets

We have won 12 of the 15 tenders we participated in last year, said Ashok Leyland Head (Defence)

Ashok Leyland up 3% on order win of Rs 1,000 million for 10x10 vehicles

The stock was trading 3.3% higher at Rs 150 on the BSE after the company said it has won an order from the Ministry of Defence for 10x10 vehicles to carry the Smerch Rockets

DefExpo 2018: Ashok Leyland targets Rs 50 billion from defence business

The company is gearing up to develop solutions for around 20% of the Army's expenditure

Ashok Leyland sales up 23% in March at 22,453 units, FY18 sales rise 21%

Light commercial vehicles sales jumped by 58%

Ashok Leyland increases prices of all vehicles by 2% to beat growing cost

The proposed price increase will be effective April 1, 2018

Ashok Leyland, extends gains, hits new high

The stock has outperformed the market by gaining 8% in past one month, as compared to 3.6% decline in the S&P BSE Sensex.

Ashok Leyland hits fresh high ahead of February sales figures

The stock hit a new high of Rs 142 has outperformed the market by surging 13% thus far in February against 5% decline in the S&P BSE Sensex.

Ashok Leyland to invest Rs 1 billion in electric vehicle technology

First product prototype to be showcased this week at AutoExpo 2018

Smooth road ahead for Ashok Leyland; strong growth to drive earnings faster

Healthy growth coupled with improving profitability will drive earnings faster

Ashok Leyland eyes 5-fold increase in light CVs' export; to invest Rs 4 bn

It's targeting all Gulf countries, Russia, Ukraine and lot of West African countries that follow left-hand drive

Ashok Leyland signs pact with Israel-based Phinergy for electric CVs

Phinergy has developed technology solutions for the use of aluminium air batteries for electric vehicles

Ashok Leyland finds growth triggers in the rising demand for M&HCVs

What could also add to revenues and margins of Ashok Leyland are exports, which currently constitute 10 per cent of revenues, and sales to the defence sector

Ashok Leyland launches West African HQ at Ivory Coast, introduces 4 models

Company announced investments in Africa; launch of four products -- Captain, Boss, Hawk and Mitr

Ashok Leyland to invest Rs 400 crore in new models

Leading commercial vehicles maker and Hinduja Group flagship Ashok Leyland said it would invest Rs 400 crore over the next two years on developing new products, including left driven trucks."We are coming up with a new product every six months, so the next product would be launched in April or May next year. Ashok Leyland would invest Rs 400 crore on new models in the next two years. The new products are also targeted for export markets", Nitin Seth, president (light commercial vehicles), Ashok Leyland Ltd.Presently, Ashok Leyland exports five per cent of its total volumes. The vehicles are primarily exported to Russia and Ukraine.The company is working on left driven commercial vehicles to tap the potential export markets in Gulf countries and Africa."Globally, 80 per cent of the market for commercial vehicles is left driven. We are eyeing the Gulf Cooperation countries like Saudi Arabia and Qatar as well as Africa for exports of light commercial vehicles (LCVs). The market size for .

Ashok Leyland up 4% on pact with Hino Motors to develop BS-VI engines

Ashok Leyland will utilise Hino's engine technology for Ashok Leyland's EURO-VI development and will support in development of Hino's engine parts purchasing in India for global operation.

Ashok Leyland, Hino ink pact to develop BS-VI engines

Hinduja flagship firm Ashok Leyland today said it has inked a pact with its long-standing Japanese partner Hino to jointly develop BS-VI compliant engines. The companies have entered into a mutual cooperation agreement (MCA) where Ashok Leyland will utilise Hino's engine technology for Euro-VI development and will support Hinos engine parts' purchasing in India for global operation, the Chennai-based firm said in a statement. Hino and Ashok Leyland have had a cooperative agreement for engine production in India since 1986. By the latest MCA, both companies will leverage each other's strengths in diesel engines to enhance competitiveness. Hino Motors President & CEO Yoshio Shimo said the cooperation with Ashok Leyland takes advantage of the strengths that the two companies have cultivated. "Hino will enhance its global competitiveness by utilising Ashok Leyland's parts procurement capabilities in India," he added. India in 2015 decided to leapfrog to Euro-VI emission