MoneyWorks4Me

Ashok Leyland reports 39% rise in August sales

01 Sep 2015 Evaluate

Ashok Leyland, the commercial vehicle manufacturer, has reported an increase of 39% in sales in August 2015 to 11,544 units as against 8,333 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 8,903 units in August. The company’s light commercial vehicle (LCV) segment witnessed a rise of 6% to 2,641 units in August 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 429.40
Ashok Leyland 149.15
Force Motors 16950.00
Olectra Greentech 1084.10
SML Mahindra 6055.00
View more..