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Ashok Leyland reports 48% rise in December sales

03 Jan 2015 Evaluate

Ashok Leyland, the commercial vehicle manufacturer, has reported an increase of 48% in sales in December 2014 to 9,290 units as against 6,275 units sold in the same period of last year. The company has experienced a rise of 85% in its medium and heavy commercial vehicle (M&HCV) products segment to 7,210 units in December. The company’s light commercial vehicle (LCV) witnessed a rise of 13% to 2,080 units in December 2014. Sales for April- December 2014 went up 12% over previous year period to 70,743 units.

Ashok Leyland, the Hinduja Group flagship company in India, is engaged in the manufacturing of commercial vehicles and related components. The company’s products include buses, trucks, engines, defense and special vehicles.

Peers
Company Name CMP
Tata Motors 426.00
Ashok Leyland 149.50
Force Motors 16864.00
Olectra Greentech 1080.10
SML Mahindra 6019.80
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