Ashok Leyland

Ashok Leyland Q4 results: Consolidated net profit falls 20% to Rs 751 crore

The company's consolidated revenue from operation rose by 32.95 per cent to Rs 11,626 crore for the March quarter

From Bandhan Bank to Ashok Leyland, stocks ripe for cherry-picking

With indices getting back on their feet, can stocks be far behind? Here is the list of 10 such stocks from BSE 100 with huge upside promise for investors willing to ride out any potential volatility

At 23,926 units, Ashok Leyland reports 19% rise in sales in March 2023

Hinduja Group flagship Ashok Leyland has reported a 19 per cent rise in its sales in domestic and overseas markets at 23,926 units, the company said on Monday. The city-based heavy commercial vehicle maker had sold 20,123 units in the corresponding month of last year. Cumulative sales made by the auto major till March 2023 grew by 50 per cent to 1,92,205 units from 1,28,326 units sold in the corresponding period of last year, Ashok Leyland said in a statement. Total sales of medium, heavy and light commercial vehicles sold in March in the domestic market grew by 23 per cent to 22,885 units from 18,556 units sold in the same month of last year. Cumulative sales of medium, heavy and light commercial vehicles till March in the domestic market grew by 54 per cent to 1,80,916 units from 1,17,312 units made last year, the company said.

Ashok Leyland MHCV volume 91% in FY23, sees industry demand gaining

Company increases market share in commercial vehicle segment, credits 'development initiatives in key industries'

Stocks to watch: Sona BLW, M&M, Tech M, DLF, BoB, Vedanta, Godrej Prop

Stocks to watch today: From Sona BLW to Bank of Baroda, here are few stocks to watch out in Monday's trade

Ashok Leyland unveils all-women production line at Tamil Nadu plant

Heavy commercial vehicle maker Ashok Leyland has unveiled a new production line that would produce engines at its manufacturing facility in Hosur completely operated by women employees, the company said on Friday. The initiative to introduce an all-women production line is to promote women empowerment and encourage them take up roles in manufacturing industry. Ashok Leyland, the flagship company of Hinduja Group, has set up this new line with 80 women employees. "At Ashok Leyland, diversity and inclusion has always been a priority, and we have been providing equal opportunities irrespective of gender and ethnicity. Giving women these opportunities would enhance not only their lives, but also the lives of their families and community," Ashok Leyland Managing Director and CEO Shenu Agarwal said. "This initiative is in line with our brand philosophy of 'Koi Manzil Door Nahin' as we aim to up skill and generate employment for these women..we recognise the importance of establishing a ..

Improving outlook, upgrades to keep wheels turning for auto companies

In addition to volumes, margins, too, are expected to expand

Switch Mobility, JBM among 6 firms to supply 6,465 electric buses

Ashok Leyland's Switch Mobility, global giant JBM Group among winners; Delhi to get highest share of 3980 buses

Stocks to Watch: Tata Steel, Hindalco, JK Paper, Muthoot Fin, Adani Ports

Stocks to Watch: Tata Steel reported a consolidated net loss of Rs 2,223.84 crore in the December quarter (Q3FY23) on the back of a sharp drop in realisations in Europe

RIL, Ashok Leyland unveil first hydrogen combustion-driven heavy-duty truck

Flagged off by PM Modi at India Energy Week, the vehicle was developed over the past one year and has been under test since August 2022

Delay in fund raising helped improve Switch valuation: Dheeraj Hinduja

Ashok Leyland, the flagship company of the Hinduja Group and commercial vehicle major, is all set to come out with the electric versions of light commercial vehicles Bada Dost and Dost this year

Ashok Leyand shares climb 5% after firm reports jump in Q3 profits

Shares of Ashok Leyand on Thursday climbed 5 per cent after the firm reported a multi-fold jump in its profit after tax for the third quarter ended December. The stock climbed 5 per cent to Rs 155.10 on the BSE. At the NSE, it advanced 4.94 per cent to Rs 155. In a volatile trade, the 30-share BSE benchmark traded 48.36 points higher at 59,756.44. Hinduja group flagship Ashok Leyand on Wednesday reported a multi-fold jump in its profit after tax at Rs 361 crore for the third quarter ended December, aided by robust sales. The company had posted a profit after tax of Rs 6 crore in the October-December quarter of previous fiscal. Revenues for the quarter stood at Rs 9,030 crore over Rs 5,535 crore in the year-ago period, the company said in a statement. Ashok Leyland said its domestic Medium and Heavy Commercial Vehicle volume rose to 28,221 units, up 69 per cent, over the same period last year. The company's domestic LCV volumes for the third quarter rose to 16,405 units, up 15 p

Ashok Leyland posts multi-fold jump in Q3 PAT to Rs 361 cr on robust sales

Hinduja group flagship Ashok Leyand on Wednesday reported a multi-fold jump in its profit after tax at Rs 361 crore for the third quarter ended December, aided by robust sales. The company had posted a profit after tax of Rs 6 crore in the October-December quarter of previous fiscal. Revenues for the quarter stood at Rs 9,030 crore over Rs 5,535 crore in the year-ago period, the company said in a statement. Ashok Leyland said its domestic Medium and Heavy Commercial Vehicle volume rose to 28,221 units, up 69 per cent, over the same period last year. The company's domestic LCV volumes for the third quarter rose to 16,405 units, up 15 per cent from 14,233 units a year ago, it added. "We have been able to achieve growth in market share on a pan India basis together with significant improvement in net profits. Our team continues to pursue better realisations even as we expand our market share. This, along with our continued focus on optimising input costs, has helped us achieve better

Ashok Leyland's total vehicle sales grow 23% to 17,200 units in January.

Commercial vehicle maker Ashok Leyland total vehicle sales, including exports, rose 23 per cent to 17,200 units in January. The company had reported its total vehicle sales at 13,939 units in the year-ago period, it said on Wednesday. Domestic sales (M&HCV and LCV) in the reporting month were recorded at 16,198 units, a growth of 27 per cent over 12,709 units in January 2022. M&HCV domestic sales were at 10,108 vehicles during the previous month, logging a 34 per cent growth over January 2022 when the company had sold 7,561 units in the local market. At the same time, LCV domestic sales spiked 18 per cent at 6,090 units in January, the company said.

Auto shares in focus ahead of January sales; M&M up 2%, nears record high

Analysts remain positive on the auto sector given the expectation of double digit volume growth coupled with benign commodity price outlook leading to healthy margin recovery.

Tata Motors reducing discounts on trucks to improve margins: Report

Tata Motors sells over 50 per cent of all the medium and heavy trucks in the country yet its margins have remained thin

Leyland bags contract to supply 500 buses to Sri Lanka Transport Board

Over 5,000 Ashok Leyland buses are currently in operation with SLTB, the company said

Adani, Ashok Leyland to develop Asia's first hydrogen-mining truck

The FCET is scheduled to be launched in India in 2023

Auto Expo 2023: Ashok Leyland to expand scope of its connected network

Through the telematics-driven connected network, the company helps vehicles on the ground in predicting problems along with quick support in case of breakdowns to AI-based customer solutions

Ashok Leyland showcases six commercial vehicles at the Auto Expo 2023

Auto Expo 2023: The vehicles showcased were 'green' powered by electric options and hydrogen