| Ashok Leyland Limited Related news |
Ashok Leyland to set up two bus units in Africa
Posted on 13th February 2016 |
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Commercial vehicle major Ashok Leyland (ALL) on Friday said it is in the process of setting up two to three assembling units for buses and trucks in African countries. The company, which is of the view that having local manufacturing or assembling footprint across the countries makes for a major impact, will also be looking at South America and South East Asian countries to set up assembling units in near future. |
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Ashok Leyland slaps notice on JV partner Nissan
Posted on 11th February 2016 |
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Commercial vehicle major Ashok Leyland has slapped a notice on its joint venture partner Nissan, alleging that it is using the equipment, installed at Nissan's factory at Oragadam, to manufacture cars, while it needs to be used to produce light commercial vehicles (LCVs). Ashok Leyland and Nissan are partners in a JV to manufacture LCVs. The development comes few days after Ashok Leyland's MD Vinod Dasari said that his was looking at 'win-win' solution for both the companies. |
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Ashok Leyland sales up 30.47% to 13,886 units in January
Posted on 1st February 2016 |
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NEW DELHI: Hinduja Group flagship firm Ashok Leyland today reported 30.47 per cent increase in total sales at 13,886 units in January. The company had sold 10,643 units in the same month last year. |
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Ashok Leyland gains on vehicle order from Zimbabwe govt
Posted on 11th January 2016 |
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Shares of Ashok Leyland were up over 1% at Rs 92 on the Bombay Stock Exchange in an otherwise weak market after the company announced that it has received an order from the Zimbabwe government. The order for 680 Vehicles and Spare Parts, worth US $50 million is from the Ministry of Local Government, Public Works and National Housing, Government of Republic of Zimbabwe, the company said in a release. |
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Ashok Leyland shares gain over 3 per cent as Dec sales rise 31.4 per cent
Posted on 4th January 2016 |
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Ashok Leyland share price gained as much as 3.6 per cent on Monday after the Hinduja Group flagship company on Saturday reported a 31.4 per cent increase in total sales at 12,209 units in December 2015. At 10.34 am, share price of the company was trading 3.15 per cent up at Rs 91.55. The scrip opened at Rs 90.20 and has touched a high and low of Rs 92.00 and Rs 90.20, respectively, in trade so far. Sensex was trading 258.28 points down at 25,902.62. |
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Ashok Leyland sales up 31.4% in December
Posted on 2nd January 2016 |
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Hinduja Group flagship firm Ashok Leyland today reported a 31.4% increase in total sales at 12,209 units in December 2015. The company had sold 9,290 units in the same month last year. |
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Auto stocks skid further on NGT order
Posted on 14th December 2015 |
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Shares of automobile companies have extended losses in Monday morning trades and are trading lower after the National Green Tribunal (NGT) on Friday has ordered immediate ban on registration of diesel-run cars in the national capital. The order further states that there won’t be any renewal of registration of vehicles that are older than 10 years in Delhi. Among individual stocks, Tata Motors has skid over 3% to Rs 366, M&M has slipped nearly 2% to Rs 1,238, Ashok Leyland has dropped 0.7% to Rs 85, and Eicher Motors has lost 2.4% to Rs 15,187 on the Bombay Stock Exchange. |
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Ashok Leyland sales up 16% in November
Posted on 1st December 2015 |
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Hinduja Group flagship firm Ashok Leyland today reported 16% increase in total sales at 8,971 units in November as against 7,732 units in the same month last year. The sales of medium and heavy commercial vehicles jumped 21% to 6,297 units in November as against 5,204 units in the same month a year ago, the company said in a BSE filing. |
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Ashok Leyland bags order worth $200 million from Cote D’Ivoire
Posted on 30th November 2015 |
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Hinduja Group flagship firm Ashok Leyland has bagged order for 3,600 vehicles worth USD 200 million (about Rs 1,335 crore) from Cote D’Ivoire. It has signed a contract with the government of the West African nation, also know as the Ivory Coast, for supply of the vehicles which include trucks and buses and will be delivered over the next 12 months, the company said in a statement. |
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Auto shares in focus; BSE Auto index hits three-month high
Posted on 30th November 2015 |
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Shares of automobile companies are in focus with the Bombay Stock Exchange (BSE) S&P BSE Auto index hitting a three-month high ahead of Ashok Leyland, Maruti Suzuki India and Tata Motors inclusion in the MSCI India index. The changes will be implemented as of the close of November 30, 2015. Tata Motors, Maruti Suzuki India, Ashok Leyland and Bajaj Auto were up 2% each, while Mahindra & Mahindra up 1% on the BSE in late morning deals. |
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