Page 28 - Ashok Leyland

Ashok Leyland gets nod from board to merge light commercial vehicle arm

The company has announced acquisition of the JV companies from Nissan on November 25, 2016, following the LCV Joint Venture they entered into did not proceed as was expected

Ashok Leyland extends fall on volume growth concerns; stock ends 10% lower

In the past two weeks, Ashok Leyland has underperformed the market by falling over 18% as compared to 1.2% decline in the S&P BSE Sensex

Growth road map clear for Ashok Leyland as Q4 profit rises 40%

The company has increased prices by around 2 per cent to offset commodity price increase, said Vinod K Dasari, MD, Ashok Leyland

Ashok Leyland net profit up 40% to Rs 6 bn, total income rises to Rs 88 bn

The net profit for the same period last year was Rs 4.76 billion, on a standalone basis

Ashok Leyland expects 20% growth in bus business this year

The company sold around 20,000 vehicles last year, of which around 13,500 units were in the domestic market.

Ashok Leyland draws up Rs 10 billion investment plan for 2018-19

Ashok Leyland Managing Director Vinod K Dasari said the company grew by 50 per cent last year

Ashok Leyland shares gain 3% on defence ministry's Rs 1-bn contract win

At the end of today's trade, the stock was quoted at Rs 145.45 per unit, up 3.14 per cent on the BSE

Ashok Leyland gets order worth Rs 1 bn from MoD to carry Smerch Rockets

We have won 12 of the 15 tenders we participated in last year, said Ashok Leyland Head (Defence)

Ashok Leyland bags order worth Rs 1 bn from govt to carry Smerch Rockets

We have won 12 of the 15 tenders we participated in last year, said Ashok Leyland Head (Defence)

Ashok Leyland up 3% on order win of Rs 1,000 million for 10x10 vehicles

The stock was trading 3.3% higher at Rs 150 on the BSE after the company said it has won an order from the Ministry of Defence for 10x10 vehicles to carry the Smerch Rockets

DefExpo 2018: Ashok Leyland targets Rs 50 billion from defence business

The company is gearing up to develop solutions for around 20% of the Army's expenditure

Ashok Leyland sales up 23% in March at 22,453 units, FY18 sales rise 21%

Light commercial vehicles sales jumped by 58%

Ashok Leyland increases prices of all vehicles by 2% to beat growing cost

The proposed price increase will be effective April 1, 2018

Ashok Leyland, extends gains, hits new high

The stock has outperformed the market by gaining 8% in past one month, as compared to 3.6% decline in the S&P BSE Sensex.

Ashok Leyland hits fresh high ahead of February sales figures

The stock hit a new high of Rs 142 has outperformed the market by surging 13% thus far in February against 5% decline in the S&P BSE Sensex.

Ashok Leyland to invest Rs 1 billion in electric vehicle technology

First product prototype to be showcased this week at AutoExpo 2018

Smooth road ahead for Ashok Leyland; strong growth to drive earnings faster

Healthy growth coupled with improving profitability will drive earnings faster

Ashok Leyland eyes 5-fold increase in light CVs' export; to invest Rs 4 bn

It's targeting all Gulf countries, Russia, Ukraine and lot of West African countries that follow left-hand drive

Ashok Leyland signs pact with Israel-based Phinergy for electric CVs

Phinergy has developed technology solutions for the use of aluminium air batteries for electric vehicles

Ashok Leyland finds growth triggers in the rising demand for M&HCVs

What could also add to revenues and margins of Ashok Leyland are exports, which currently constitute 10 per cent of revenues, and sales to the defence sector