Technical calls from Vinay Rajani, Technical & Derivatives Analyst, HDFC securities
Ashok Leyland will develop and manufacture electric buses with ABB's award-winning TOSA flash-charging technology along with operational support and service
About 15,000 workers, mostly temporary and casual, out of work in auto making firms over past 2-3 months, 200,000 heads roll across dealerships
India's economy grew by 5 per cent in the June quarter, the slowest in over six years. The manufacturing sector fared worse, growing at an abysmal 0.6 per cent. Listen to this podcast to know more
Ashok Leyland witnessed a rise in the sale of buses by 85 per cent to 2,560 units in December 2019 from 1,384 units, a year ago
Ashok Leyland has been rebounding for the past five months and is now trading on the verge of fresh breakout from the consolidation range
Citicorp Finance will work in close coordination with the authorised dealers of Ashok Leyland to provide financial solutions to customers
Sondhi has been leading large MNC organisations with more than three decades of experience in the manufacturing and engineering sectors
Though there are near-term headwinds, analysts believe the Ashok Leyland stock which is down nearly 30 per cent from year ago levels may not see a significant price correction from these levels
The offer was made during a meeting between Punjab Chief Minister Amarinder Singh and Hinduja Group Chairman Prakash Hinduja, an official statement said here
The company has been suffering a massive and sustained drop in CV sales due to weak offtake brought on by economic slowdown
The city-based commercial vehicle maker has been adjusting production at its facilities over the last few months following the automobile slowdown
Companies expect recovery in second half of fiscal as BS VI approaches, claim banks and NBFCs showing greater interest in financing
Ashok Leyland is currently India's largest and the world's fourth largest bus manufacturer
Tata Motors, Mahindra & Mahindra, Bharat Forge and Ashok Leyland from the Nifty Auto index climbed 3 per cent each on the National Stock Exchange.
Early this month, Ashok Leyland said it would observe non-working days ranging from 0-12 days during month of November 2019.
Total income declined 48% to Rs 3,975 cr; company cites 53% drop in industry volumes
Saugata Gupta of Marico to be independent director, while Vipin Sondhi, formerly of JCB, will join Hinduja Group's leadership team
In core areas like modular vehicles, BS VI and a new LCV platform, we have not slowed.
Dheeraj Hinduja is positive the bad times are over and hopes to see his company become a top-10 CV player going forward