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
Commercial vehicle maker Ashok Leyland on Monday reported a 24 per cent rise in total sales at 22,157 units in February 2026 as compared to 17,903 units in the same month last year. Domestic sales were up 28 per cent at 20,314 units as against 15,879 units in February 2025, Ashok Leyland said in a statement. Sales of medium and heavy commercial vehicles in the domestic market were at 13,264 units as against 10,110 units in the year-ago month, a growth of 31 per cent, it added. Light commercial vehicle sales in the domestic market last month were at 7,050 units as against 5,769 units in the year-ago period, the company said.