Ashok Leyland Auto

Ashok Leyland rallies 13% in 1 week; what's driving the auto stock price?

With GST rationalisation & pick up in government capex, CV volumes are likely to improve going forward (expectations of positive YoY growth in FY26), according to ICICI Securities.

Nifty Auto at new high; here's why Tata Motors, Ashok Leyland rose 5% today

Tata Motors will likely maintain its dominant share of India's CV market, with support from India's economic growth, and favorable infrastructure and construction spending.

Ashok Leyland share price hits 52-week high on merger update; details here

Ashok Leyland's board has approved the scheme of merger of Hinduja Leyland Finance Limited (HLFL) into NDL Ventures Limited

M&M, Ashok Leyland hit record highs; zoom up to 58% from April lows

The management of Ashok Leyland expects demand to improve post-monsoon, led by strong traction in heavy-duty trucks for mining, construction, and logistics.

Celcius to invest ₹100 cr in 3.5-ton EV reefer fleet with Switch Mobility

Celcius will invest ₹100 crore in refrigerated electric trucks and charging infra; launches 'Celcius Green' vertical to create a zero-emission cold logistics network.

Ashok Leyland gains 2%, hits record high; should you buy, hold or sell?

The Hinduja Group automobile company - Ashok Leyland stock was quoting higher for the fourth straight trading day, and surged 6 per cent during the period.

Ashok Leyland MD sees CV sales crossing pre-pandemic peak in FY26

Shenu Agarwal said India's CV industry is poised to surpass the FY19 peak in FY26, supported by GST measures and robust retail demand despite short-term market complexities

Auto stocks in fast lane: rally up to 6%; M&M, Ashok Leyland hit new highs

In the past one month, the BSE Auto index has outperformed the market by soaring nearly 15 per cent, as compared to 1.4 per cent gain in BSE Sensex.

Hinduja Group to invest ₹7,500 cr in TN, AstraZeneca to expand GITC

The Hinduja Group will target cell and battery manufacturing for Tamil Nadu's EV ecosystem, while AstraZeneca will invest ₹716 crore to expand its Chennai innovation and tech centre

Ashok Leyland inks ₹5,000 cr pact with China's CALB for next-gen batteries

Ashok Leyland's partnership with China's CALB will drive next-gen battery manufacturing for EVs and energy storage, with ₹5,000 cr investment

Ashok Leyland lines up ₹5k cr investment to localise battery ecosystem

Commercial vehicle maker Ashok Leyland on Monday said it will invest Rs 5,000 crore over the next ten years in the development of next-generation batteries for both automotive and non-automotive applications, including energy storage systems. The initiative will not only provide for the company's and its subsidiary Switch's own electric vehicle portfolio but will also cater to non-captive demand in the entire automotive sector, as well as in the energy storage sector, the Hinduja group flagship said in a statement. This business would entail investments of more than Rs 5,000 crore over the next 7-10 years, it added. The company said it has entered into a long-term exclusive partnership with CALB Group, one of the foremost battery technology companies in China. "Ashok Leyland is deeply committed to shaping the future of sustainable mobility in India in full alignment with the government's vision. Our strategic partnership with CALB is a significant step towards creating a localised

Hinduja Group's Ashok Leyland set to rev up West Asia growth plans

Chairman Dheeraj Hinduja told Business Standard that the company is in the final stages of coming up with a new unit in the region

Ashok Leyland Q1 profit rises 19% on record CV sales, cost control

Ashok Leyland Q1 FY26 profit rose to ₹657.72 crore on record CV volumes, improved market execution and cost discipline, with revenue up 9.5% and exports at an all-time high

Ganesh Mani to take charge as Switch India CEO, effective September 1

The company said that its current CEO, S Mahesh Babu, has decided to step down from his position to pursue opportunities outside the group, effective August 31, 2025

Ashok Leyland sees single-digit growth in medium, heavy vehicle segment

The medium and heavy commercial vehicles segment in India is expected to grow in the single digit this fiscal, recovering from a decline of 3 per cent in FY25, a top official of Ashok Leyland said on Tuesday. The Chennai-based firm is planning to grow ahead of the industry this year and is focusing on expanding its presence in North India, the largest market for commercial vehicles (CVs), Sanjeev Kumar, President - M&HCV at Ashok Leyland Ltd, told reporters here. "When you look at last year, the industry volume came down by 3 per cent. Our understanding is that this is the fourth year running. "If you look at the CV industry, generally it stays good for three years, and then itgoes through a downtrend. So we expect the industry to grow, at least in single digit," he said when asked about the industry outlook. The industry growth is expected to be driven by the government investment in infrastructure and tailwinds such as the good performance of core industries, Kumar said. On the

Ashok Leyland records 5% rise in sales of trucks, buses, LCVs in May 2025

Ashok Leyland, the flagship company of Hinduja group, has recorded a 5 per cent rise in its sales of trucks, buses and light commercial vehicles, in domestic and overseas markets in May by selling 15,484 units, the company said on Monday. The city-headquartered heavy commercial vehicle major had retailed 14,682 units in the same segment in the same month of last year. In the domestic market, the total vehicle sales in May 2025 grew by around 5 per cent to 14,534 units from 13,852 units sold in the same month of last year. The cumulative sales till May during this fiscal remained flat at 28,905 units, as against 28,953 units sold in the same period (April-May) of last year. Sales of medium and heavy commercial vehicles in domestic and overseas markets grew by around 11 per cent in May 2025 to 10,282 units, as compared to 9,243 units sold in the same month of last year. The cumulative sales of medium and heavy commercial vehicles, in domestic and overseas markets in April, May this

Demand and margin gains to power M&CV company Ashok Leyland's stock

Ashok Leyland's strong Q4 led by 5% volume growth and margin gains; focus on exports, non-CV business and cost control to support performance in FY26

Ashok Leyland shares trade range-bound post Q4 results, declares 1:1 bonus

Management remains optimistic about FY26E, expecting growth across all CV segments, supported by favourable macro conditions, infrastructure push, and rising fleet replacement demand

Ashok Leyland Q4 profit jumps 32% to ₹1,130 crore, bonus shares announced

The total dividend declared for the financial year amounts to ₹6.25 per share

Grasim, Ashok Leyland and HDFC AMC top stock calls today; check levels here

Grasim, Ashok Leyland and HDFC AMC are among the top stock calls for Friday (May 16), according to Motilal Oswal's Ruchit Jain