Page 12 - Ashok Leyland

Ashok Leyland arm delivers first battery-electric Metrodecker EV to UK firm

This Metrodecker is a part of the 107 Metrodecker EVs order Optare has received since the product was launched 18 months ago, Ashok Leyland said

Ashok Leyland M&HCV sales volume dips 75% in July, LCV drops 32%

Light Commercial Vehicle (LCV) sales dropped by 32 per cent to 2783 units from 4.083 units

Andrew Palmer joins Optare Plc as non-executive chairman: Ashok Leyland

Palmer will be taking over from John Fickling, who is stepping down as Chairman due to personal reasons

Uttarakhand High Court issues notice to Centre on Ashok Leyland's petition

The high court directed the Union government to file a counter affidavit and rejoinder while listing the matter after five weeks for hearing

Ashok Leyland declines for fifth straight day on weak Q4 results

The company reported a net loss of Rs 57 crore in Q4FY20 against a net profit of Rs 806 crore in the year-ago quarter.

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