Page 21 - Ashok Leyland

Higher debt, market share loss to keep Ashok Leyland stock under pressure

Discounts from suppliers, no BS-VI inventory and better raw material cost management also helped on the gross margin front.

Truck companies' prospects depend on when lockdown is lifted: Ashok Leyland

The domestic market outlook for the truck industry this fiscal depends on when the Covid-19 lockdown is lifted while currently vehicle production is on, senior officials of Ashok Leyland Limited said.

MARKET WRAP: IT stocks, HDFC Bank, RIL help Sensex settle 329 pts higher

All that happened in the markets today

Uncertain outlook, higher debt to keep Ashok Leyland stock under pressure

The company lost 200 basis points market share in M&HCVs in FY20

Ashok Leyland starts 'Project Reset' to improve efficiency across the board

Company foresees demand picking up, asserts it has not laid off anyone

Ashok Leyland shares rise 3% despite 92% fall in March quarter profit

For fiscal year 2019-20, the company posted a consolidated net profit of Rs 459.80 as compared with Rs 2,194.60 crore in 2018-19

Market Ahead, June 26: All you need to know before the opening bell

The SGX Nifty was up around 60 points at 7:30 AM, and was indicating an open above 10,300 levels for the Nifty today

F&O expiry: Mkts end flat after a choppy session; Nifty settles at 10,289

All that happened in the markets today

Market Ahead, June 25: Top factors that could guide markets today

A total of 147 companies, including Apollo Hospitals, Ashok Leyland, and Bank of India are scheduled to announce their quarterly results today

Ashok Leyland sees demand pick-up in short term; eyes maintenance, repairs

With subdued demand for new vehicles in short term, higher demand is expected for repairs and maintenance of existing fleet

What did it take Ashok Leyland to come up with a customised truck?

An important innovation in the automobile sector in recent years, albeit restricted to passenger vehicles including four- and two-wheelers, had been customisation

GST reduction, scrappage policy to help revive CV industry: Ashok Leyland

Auto industry body SIAM has been urging the government to reduce the GST rate on vehicles from 28 to 18 per cent, and to introduce an incentive-based scrappage policy

Ashok Leyland launches range of modular trucks customers can restyle

Company says the new model would allow it faster turnaround along with better market coverage.

Ashok Leyland domestic sales decline 90% at 1,277 units amid Covid-19

No M&HCV buses were sold in May; company resumed operations recently after the government relaxed the lockdown norms

PM's reforms-cum-stimulus will help CV industry: Ashok Leyland's Sondhi

The company commenced operations across its facilities

Measures to attract FDI must be backed with proper infra: Ashok Leyland MD

Comment comes at a time when Centre and various State governments are aiming to attract companies looking at shifting their operations out of China

With economic activity in deep freeze, truckmakers wait for signs of thaw

Balance-sheet squeeze makes purchase of trucks impractical, they say

Commercial vehicle makers report zero sales in April amid Covid-19 lockdown

Ashok Leyland has reported zero sales of M&HCV in the month of April as against 8,918 units, in the same month a year ago

Ashok Leyland reports zero sales in April as lockdown adds to woes

M&HCV truck sales in April 2019 was 7,517, bus sales was 1,401, while LCV sales stood at 4,224 units

Scrappage scheme would give demand a boost: Ashok Leyland MD & CEO

A good scrappage policy could help improve efficiency of our transport fleet, reduce pollution and also help boost demand, said Vipin Sondhi