Page 2 - Ashok Leyland

Ashok Leyland forays into battery ecosystem; Nomura analyses implications

Nomura noted that management remains mindful of internal rate of return (IRR) and intends to step up into full-fledged cell manufacturing only if reasonable returns are visible.

Ashok Leyland rises 4% on inking ₹5,000-cr pact with CALB for batteries

Ashok Leyland shares rose 3.75 per cent on Tuesday and registered an intra-day high at ₹132.8 per share on BSE after the company announced to invest in the development and manufacturing of batteries

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

Muted industry volume outlook may cap further gains for Ashok Leyland

Ashok Leyland stock gained after Q1 results on stronger margins and GST cut hopes, but muted commercial vehicle demand and cyclicality may limit upside

Stocks to Watch, Aug 21: India Cements, Clean Science, Railtel, Aurobindo

Stocks to Watch today, August 21, 2025: From India Cements to Clean Science and Technology, here are a few stocks that investors and traders will eye; check the full list

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 results: Profit up 19.4% at ₹657.7 cr on record volumes

Commercial vehicles maker Ashok Leyland on Thursday reported a 19.44 per cent rise in consolidated net profit at Rs 657.72 crore in the first quarter ended June 30, 2025, riding on record volumes. The company had posted a consolidated net profit of Rs 550.65 crore in the corresponding period of the last fiscal, Ashok Leyland said in a regulatory filing. Consolidated revenue from operations in the first quarter stood at Rs 11,708.54 crore, as compared to Rs 10,696.8 crore in the same period a year ago, it added. Total expenses in the quarter under review were higher at Rs 10,920.53 crore, as compared to Rs 9,994.97 crore in the year-ago period, it added. Ashok Leyland said it recorded the highest-ever quarterly commercial vehicles (CV) volumes of 44,238 units in the first quarter. Commenting on the performance, Ashok Leyland Chairman Dheeraj Hinduja, said the company "delivered a robust Q1 performance, exceeding the expectations through effective market execution, while maintaining

Q1 results today: Ashok Leyland, Vodafone Idea, Indian Oil on Aug 14

Q1 FY26 company results, August 14: Glenmark Pharma, Patanjali Foods, Borosil, Essar India, Inox Wind, and Redtape will also release their April-June quarter earnings reports today

Stock recommendation: How to trade Bajaj Finserv, Ashok Leyland today?

Stocks to Buy, July 24: Ajit Mishra of Religare Broking suggests buying Ashok Leyland, Bajaj Finserv and Jindal Steel

Ashok Leyland fuels LNG boom in trucks, eyes tie-ups with city gas giants

Ashok Leyland is in talks with top city gas distribution firms to make liquefied natural gas (LNG) available at CNG stations as the market for LNG-powered trucks grows rapidly

Ashok Leyland takes proactive approach to tackle industry trends: Chairman

Ashok Leyland will follow a proactive approach to navigate emerging global and industry trends including electrification and supply chain challenges as it remains in hunt to be among the world's leading commercial vehicle manufacturers, according to Chairman Dheeraj G Hinduja. In his address to shareholders in the company's Annual Report for 2024-25, he noted that the commercial vehicle and mobility sectors are undergoing profound transformation. Electrification is accelerating, even as alternative propulsion technologies such as LNG and hydrogen-powered vehicles are moving from concept to commercial reality, he stated. Digitalisation and connectivity are reshaping fleet management, after sales service, and the entire customer experience, Hinduja stated. On top of this, global trade and supply chains are being re-shaped, he said. To navigate and capitalise on these trends, the company will adopt a multifaceted and proactive approach, Hinduja said. Continued investment in research

Dividend stocks: TCS, 6 others to trade ex-date on July 16; do you own any?

Here is the complete list of stocks that will trade ex-date tomorrow, July 16, along with their key details

Nifty Auto sees Golden Cross, 5 stocks with similar patterns; how to trade?

MRF, TVS Motor, Tata Motors, Maruti, Mahindra & Mahindra and Ashok Leyland from the Nifty Auto index have witnessed a 'Golden Crossover' in recent months; here's a detailed outlook.

Ashok Leyland, Grasim among top stocks to buy today; Check target here

Stocks to buy: Analyst at Angel One recommends Ashok Leyland, Grasim and one other stock; Check target price, stop loss here

Ashok Leyland secures order for 200 trucks from Instant Transport

Ashok Leyland will supply 200 trucks to Instant Transport Solution as part of a strategic deal that reinforces its leadership in India's commercial vehicle segment

Hydrogen wheels: Why Gadkari is betting big on trucks powered by fuel cells

The government is working on 10 major hydrogen fuel cell projects involving auto companies, which will operate hydrogen-powered trucks and buses, says Nitin Gadkari

No impact on CV exports due to the West Asia tensions: Ashok Leyland

Ashok Leyland says CV exports remain unaffected by West Asia tensions and aims to raise market share in northern India to 30 per cent in two to three years

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

India's CV industry quietly begins shift to hydrogen-powered vehicles

Ashok Leyland, Tata Motors and Daimler lead India's shift to hydrogen-powered commercial vehicles as pilot trials expand under the National Green Hydrogen Mission