Page 19 - Ashok Leyland

Faster recovery in CV segment remains key for Ashok Leyland stock

Despite increase in freight rates, operator profitability yet to reach normal levels

Ashok Leyland hits 52-wk high on demand recovery hope; stk up 73% in 3 mths

M&HCV demand and inquiries have slowly started returning as operators have started paying EMIs post moratorium, eventually leading to the ease of financing

Ashok Leyland's acyclical businesses help offset domestic M&HCV loss

"We will be extremely tight and vigilant on the capex," said CFO Gopal Mahadevan

Ashok Leyland reports loss of Rs 147 cr in Sept quarter, revenue dips 28%

Revenue from operations during the quarter stood at Rs 2,837 crore, down 28% YoY

Ashok Leyland reports net loss of Rs 96.23 crore in September quarter

Hinduja flagship firm Ashok Leyland on Friday reported a consolidated net loss of Rs 96.23 crore in the second quarter ended September. The company had posted a consolidated net profit of Rs 69.95 crore in the same period last fiscal, Ashok Leyland said in a regulatory filing. Consolidated revenue from operations during the quarter under review stood at Rs 3,852.84 crore as against Rs 5,096.13 crore in the year-ago period, it added. Commenting on the performance in the second quarter, Ashok Leyland Ltd Managing Director and Chief Executive Officer Vipin Sondhi said: "While the challenges in the market due to COVID-19 continue, the company has seen a marked improvement in the company's performance in this quarter." The performance of the company's newly launched AVTR platform in the M&HCV segment and Bada Dost in the LCV segment gives immense confidence that the company is on the right track, he added. "Our innovative I-gen6 (Mid-NOx) BS-VI solution has received a very positive ...

Ashok Leyland nears 52-week high post October sales, zooms 72% in 3 months

Ashok Leyland's total volumes were up 1 per cent year-on-year to 9,989 units in October, led by healthy 14 per cent growth each in trucks and LCVs

Revival in economic activity, infra and rural demand pushes CV sales

Faster recovery seen with festive season ahead, though overall sales are likely to be lower, as Q1 was completely washed out

Ashok Leyland commercial vehicle sales rise 1% in October to 9,989 units

Hinduja flagship firm Ashok Leyland reported 1% increase in total commercial vehicle sales to 9,989 units in October

Ashok Leyland truck sales up by 13 per cent in October to 3,762 units

Total vehicle sales dropped by two per cent to 8,885 units in October 2020 from 9,079 units, last year

Ashok Leyland launches BOSS LX and LE trucks; prices start at Rs 18 lakh

The two models start at Rs 18 lakh, the ex-showroom prices in Mumbai, Delhi, and Chennai.

Ashok Leyland expects to boost market share in ICV segment

Ashok Leyland said it was looking to increase its market share in the intermediate commercial vehicle segment similar to the levels it has in medium and commercial vehicle, a company official said

Ashok Leyland strengthens ICV segment with new BOSS LE & LX trucks

The two models are meant for a range of sectors like courier, poultry, white goods, agri-perishable, and e-commerce.

Ashok Leyland's output at 75% of pre-Covid levels: COO Anuj Kathuria

In a Q&A, Anuj Kathuria dwells on the segment shift towards intermediate commercial vehicles (ICVs) and tippers

Ashok Leyland truck sales rise 2% in August; bus sales decline 91%

Company's Light commercial Vehicle (LCV) sales grew by 20 per cent to 4,567 units from 3,816 units

Ashok Leyland banks on the Phoenix to expand biz in India, global market

Launches on a platform developed entirely in-house is the commercial vehicle maker's weapon of choice to expand domestic market share and develop new global markets

Mid-size SUVs, deluxe commuter bikes outshine peers, shows SIAM data

Among the two wheelers, motorcycles in the 150cc to 200cc segment have been the outliers

Ujjivan SFB makes foray into small CV financing for tier II, III cities

Ujjivan SFB said as part of the ''Raftaar Loans'' product mix, the customised offerings will be available across southern and eastern regions: Karnataka, Tamil Nadu, and West Bengal

Ashok Leyland shares near 52-week high, surge 61% in 2 months

Analysts expect a gradual revival by the end of FY21, led by a low base, replacement demand and pick-up in economic activity

Ashok Leyland to supply 1,400 ICVs to logistics start-up Procure Box

The manufacturer will supply its product Ecomet and the order will be executed in the next 5-6 months

Ashok Leyland expands LCV offering in bid be among top-10 global CV players

The CV major has said that LCV will be one of the three major levers to drive company's future growth