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Ashok Leyland reports 40% rise in July sales

03 Aug 2015 Evaluate

Ashok Leyland, the commercial vehicle manufacturer, has reported an increase of 40% in sales in July 2015 to 11,022 units as against 7,861 units sold in the same period of last year. The company has experienced a jump of 53% in its medium and heavy commercial vehicle (M&HCV) products segment to 8,803 units in July. The company’s light commercial vehicle (LCV) witnessed a rise of 5% to 2,219 units in July 2015.

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 427.70
Ashok Leyland 149.70
Force Motors 16955.80
Olectra Greentech 1085.65
SML Mahindra 6056.90
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