Page 7 - Ashok Leyland

Ashok Leyland COO Nitin Seth steps down after 11 years

Hinduja Group flagship firm Ashok Leyland on Wednesday said its Chief Operating Officer Nitin Seth is leaving after serving 11 years to pursue an alternate career outside the company

Ashok Leyland plans expanding into African, Southeast Asian markets

Commercial vehicle maker Ashok Leyland is looking to expand into African and Southeast Asian markets as part of strengthening its international presence, a senior company official said on Friday

Ashok Leyland posts net loss of Rs 282 cr in Q1; Volume points to recovery

The loss in the year-ago quarter was Rs 389 cr; three-fold spike in Q1FY22 revenue from operations

Ashok Leyland hits over 2-year high on July sales data; up 18% in 4 days

The company reported an 81 per cent year-on-year growth in total sales to 8,650 units in July 2021

Ashok Leyland sales jump 81% YoY in July, truck sales 142% in April

Domestic medium and heavy commercial vehicle (M&HCV) sales were up 132 per cent at 3,473 units

Ashok Leyland advances 10%, nears 52-week high on drawing up EV road map

Ashok Leyland's subsidiary Switch Mobility announced a strategic agreement with Dana Incorporated, the global leader in drivetrain and e-propulsion systems, to make a minority investment in Switch

Dana Incorporated picks up 1% stake in Switch Mobility for $18 mn

Switch Mobility, the electric commercial vehicles arm of Ashok Leyland, on Friday said Dana Incorporated (Dana), a global leader in drivetrain and e-propulsion systems, has picked up 1 per cent stake

Ashok Leyland draws up EV road map, plans to launch first e-LCV in Dec

Company's EV push will be done through UK-based Switch Mobility - a combined entity of Ashok Leyland's electric CV operations and erstwhile Optare of UK

Ashok Leyland to invest up to $200 million in EVs via Switch Mobility

Hinduja group flagship firm Ashok Leyland will invest up to USD 200 million (nearly Rs 1,500 crore) in its electric vehicles journey through its UK-based arm Switch Mobility

Ashok Leyland expects plants to be operational for 6-25 days in July

The Chennai-based company noted that the overall market demand in July is better than in June this year.

Ashok Leyland total dispatches in June increase to 6,448 units

Hinduja Group flagship firm Ashok Leyland on Thursday posted two-fold increase in total sales at 6,448 units as compared with 3,199 units in May this year. Total domestic vehicle dispatches to dealerships stood at 5,851 units last month as against 2,738 units in May, Ashok Leyland said in a regulatory filing. Medium and heavy commercial vehicles (M&HCV) sales in the domestic market stood at 2,364 units in June as against 1,513 units last month, it added. Light commercial vehicle sales in the domestic market last month stood at 3,487 units as compared with 1,225 units in May.

Our aim is market share growth with an eye on margins: Ashok Leyland CEO-MD

In a Q&A, Vipin Sondhi says the firm will launch more LCVs and step up exports to Africa and Middle East as part of its de-risking strategy

Ashok Leyland shares close over 4% higher after fourth quarter earnings

The Hinduja group flagship firm has posted a consolidated profit after tax of Rs 377 crore for the fourth quarter ended March 31, 2021.

Ashok Leyland forms ESG committee to lead its sustainability agenda

Commercial vehicle maker Ashok Leyland on Friday said it has formed an environmental, social and governance (ESG) committee headed by an independent director to lead its sustainability agenda

Ashok Leyland advances 9% as Co reports market share gain in March quarter

Sequentially, MHCV truck volumes for Ashok Leyland have grown by 57 per cent in Q4FY21 which was higher than the industry growth of 53 per cent

Stocks to watch: ONGC, BHEL, LIC Housing, Ashok Leyland, PTC India, RailTel

State-owned Union Bank of India has raised Rs 850 crore by issuing Basel-III-compliant bonds on a private placement basis

Stocks to watch: RIL, Shyam Metalics, Sona Comstar, ONGC, Ashok Leyland

The shares of Shyam Metalics and Sona Comstar are slated to list on the bourses on Thursday. A strong debut is on the cards for Shyam Metalics while Sona Comstar is likely to witness a muted listing

Ashok Leyland arm acquires EV manufacturer Switch Mobility Automotive

Commercial vehicles major Ashok Leyland on Tuesday said its subsidiary Switch Mobility has fully acquired electric vehicles maker Switch Mobility Automotive Ltd, India.

Recovery hopes drive gains for pure-play CV maker Ashok Leyland

Street expects trend to continue with valuations supporting upmove

Ashok Leyland announces senior level organisational changes

: Hinduja group flagship company Ashok Leyland on Tuesday announced the appointment of Amanpreet Singh as the head and president of human resources.