Page 7 - Ashok Leyland

Leyland bags contract to supply 500 buses to Sri Lanka Transport Board

Over 5,000 Ashok Leyland buses are currently in operation with SLTB, the company said

Adani, Ashok Leyland to develop Asia's first hydrogen-mining truck

The FCET is scheduled to be launched in India in 2023

Auto Expo 2023: Ashok Leyland to expand scope of its connected network

Through the telematics-driven connected network, the company helps vehicles on the ground in predicting problems along with quick support in case of breakdowns to AI-based customer solutions

Ashok Leyland showcases six commercial vehicles at the Auto Expo 2023

Auto Expo 2023: The vehicles showcased were 'green' powered by electric options and hydrogen

CV growth prospects, regulatory tailwinds to drive gains for ZF India

Higher exports and improving margins on the back of softening input costs are other positives

Switch Mobility, 2 others bag $362-million e-bus contracts by CESL: Repor

A senior CESL official, who did not want to be named, said the exact quantities being awarded to the three companies would be known by Friday

Switch Mobility becomes L1 bidder for 3 of 8 mega electric bus tenders

Makes bids for 2,500 e-buses, PMI second with 2,080 electric buses

Ashok Leyland reports 45% rise in total sales to 18,138 units in Dec 2022

Commercial vehicles maker Ashok Leyland on Monday reported a 45 per cent increase in total sales at 18,138 units in December 2022. The company had registered total sales of 12,518 units in the same month a year ago, it said in a statement. Domestic sales were higher by 49 per cent last month at 17,112 units as compared to 11,493 units in December 2021. Exports were flat at 1,026 units last month as against 1,025 units in the previous year.

Stocks to Watch: Paytm, HUL, ICICI Bank, HDFC Bank, Jindal Steel, Pharma

Stocks to Watch Today: Shares of Paytm are likely to be in limelight as the company plans share buyback; board to meet on December 13.

Ashok Leyland appoints Shenu Agarwal as new managing director, CEO

Shenu joins Ashok Leyland from Escorts Kubota Ltd, where he was president

Ashok Leyland reports 39% increase in sales to 14,561 units in Nov

Hinduja flagship firm Ashok Leyland on Thursday reported 39 per cent increase in total commercial vehicle sales at 14,561 units in November 2022. The company had dispatched 10,480 units to its dealers in the same month last year, Ashok Leyland said in a statement. Domestic sales were up 46 per cent at 13,654 units, against 9,364 units in November 2021, it added.

BS-IV vehicle scam: ED probes Ashok Leyland's role, attaches properties

The Enforcement Directorate (ED) on Wednesday said that it has attached properties worth Rs 22.10 crore of firms in a Prevention of Money Laundering case relating to the BS-IV vehicle scam

Ashok Leyland appoints Sanjay V Jorapur as President, Human Resource head

Hinduja group flagship Ashok Leyland has appointed Sanjay V Jorapur as its president and head-human resources, the city-headquartered company said on Tuesday. Jorapur succeeds Amanpreet Singh, who would now move on to a senior role at Hinduja Group in Mumbai. "Sanjay joins a strong leadership team and brings close to three decades of rich experience to Ashok Leyland. People are foundational pillars for us to achieve our vision." Ashok Leyland executive chairman Dheeraj G Hinduja said. Sanjay will drive the 'People' agenda in line with contemporary global practices and steer the company's human resources strategy in the current transformational context, Hinduja said. Jorapur has leadership level experience in technology, engineering and automation domains. He earlier served HFCL Group as its president, group human resources, the statement said.

Volvo-Eicher looks to make most of post-pandemic recovery in bus market

Aims to disrupt intercity segment with fully-built luxury coaches

Mehul Kothari expects Ashok Leyland to break its all-time high; Check why

According to the technical analyst from Anand Rathi, Ashok Leyland can potentially break its all-time high at Rs 169.45, while he is also bullish on Lupin.

IndusInd, Ashok Leyland: Will Hinduja brothers' truce propel group stocks?

If IndusInd Bank breaks support at Rs 1,110, the stock can dip to Rs 1,000-mark; Whereas, Ashok Leyland needs to clear its near hurdle at Rs 160 for fresh strength to emerge.

Stocks to Watch: Hinduja Group, RIL, SBI, LIC, M&M, Hindalco, KRBL, NDTV

Stocks to Watch Today: Shares of Apollo Tyres, Bharat Forge, Grasim, Indiabulls Housing Finance, IRCTC , MMTC, MTNL, SpiceJet and Strides Pharma are likely to see some action owing to Q2 results.

Switch Mobility dilution now will depend much on valuation: Dheeraj Hinduja

In a Q&A, the executive chairman of Ashok Leyland says the firm will be diluting 10-15% in Switch Mobility to raise $200-250 mn

Ashok Leyland posts Rs 199 crore net profit in Q2, revenue up 85% YoY

The company has also achieved a market share of 32 per cent in Q2FY23

Ashok Leyland may dilute 15% stake in Switch Mobility, raise up to $250 mn

The company is raising the funds for a new plant planned in Spain