Ashok Leyland

Hinduja group flagship firm Ashok Leyland expects the domestic commercial vehicles market to grow in single digit this fiscal as demand continues to be buoyant despite headwinds due to the West Asia war. The diesel price hikes have had an impact on demand initially but have now stabilised, Ashok Leyland President MHCV, Sanjeev Kumar, told PTI here. "First half growth will be better, but when it comes to the second half, because of the base effect, growth percentage is lower. Overall, it should be single-digit growth," he said. Kumar was responding to a query on the growth outlook for the ongoing fiscal for the commercial vehicles industry. In the first two months of the fiscal, there were challenges, and then there was improved market sentiment in June, he added. "Now we are again seeing some challenges. Having said that, overall we are optimistic...," Kumar noted. The overall expectation is that the market continues to be good, he said, adding, "we are hopeful that the second qu

The partnership will give Ashok Leyland customers access to Rosmerta's authorised scrappage facilities, along with support for deregistration and statutory documentation

Hinduja Group flagship company Ashok Leyland on Monday said it has partnered with vehicle recycling firm Rosmerta Recycling for scrapping of old commercial vehicles in the country. Through its nationwide dealer network, Ashok Leyland said, it will facilitate seamless access to Rosmerta Recycling's authorised scrappage facilities, offering customers a convenient, end-to-end scrapping of the vehicle, including support with deregistration and other statutory documentation. Gurugram-based Rosmerta Recycling operates Registered Vehicle Scrapping Facilities (RVSFs) across India, facilitating safe, compliant and environmentally responsible dismantling of end-of-life vehicles while maximising material recovery and advancing the circular economy, Ashok Leyland said. The move is in line with the central government's voluntary vehicle modernisation programme, which encourages the replacement of older, polluting vehicles with cleaner and more efficient alternatives, the company said. It also .

These trucks mark another step forward in Ashok Leyland's commitment towards bringing innovative solutions to the commercial vehicle industry

In addition to the 8 per cent discount offered by participating OEMs, the Central Government will provide 5 per cent interest subvention and fixed monthly fuel vouchers for a period of five years

The company is exploring autonomous defence vehicles and logistics drones while targeting a larger share of overseas defence revenue and upcoming mobility tenders

The commercial vehicle maker is also developing a hydrogen-powered Stallion and targeting defence mobility opportunities worth ₹11,000 crore over the next three to five years

Ashok Leyland share price declined 3.5 per cent after Q4FY26 results as analysts warned of margin pressure, weak CV demand, fuel price impact, and export slowdown in the near-term

Stocks to Watch today, May 29, 2026: Ashok Leyland, Alkem Laboratories, PhysicsWallah, GMR Airports, InterGlobe Aviation, NMDC, and Glenmark Pharma are among the top stocks to remain in focus today

On course to start a new 5,000 capacity plant in Saudi Arabia, says Dheeraj Hinduja, chairman, Ashok Leyland

The Hinduja Group flagship reported record quarterly and annual revenues, EBITDA and profit, driven by strong commercial vehicle sales and export growth

Q4FY26 company results: Firms including Bharat Dynamics, Schneider Electric Infra, Deepak Fertilisers & Petrochemicals, and Apar Industries are also to release their January-March earnings today

Pabitro Mukherjee of Bajaj Broking believes that Ashok Leyland, Bharat Electronics and Garden Reach Shipbuilders recently saw sideways consolidation and now offer a favourable risk-reward profile.

Ashok Leyland sees no demand slowdown despite West Asia tensions, as stable fuel prices and steady economic activity keep commercial vehicle sales on track

Ashok Leyland's total market capitalisation surpassed the ₹1 trillion mark to hit 1,01,018.55, up ₹11,189 crore from ₹89,828.86 crore on Tuesday

If the current geopolitical situation persists that results in supply chain disruptions and firm commodity prices, CLSA expects 30-40 per cent cuts to auto sector's FY27 earnings.

Among Nifty Auto constituents, Samvardhana Motherson International, Bharat Forge, and Ashok Leyland slipped over 4 per cent each

Muthuselvaraj M, Research Analyst at Mirae Asset ShareKhan highlights that TCS and HUL have broken down from a triangle pattern, while Ashok Leyland may have formed a double top on the weekly chart.

Ashok Leyland breaks ground for a battery pack manufacturing facility near Chennai with an investment of Rs 400-500 crore to support localisation and strengthen India's EV ecosystem

Improving macro conditions, coupled with the start of replacement demand, BNP Paribas said, should trigger the next upcycle