Auto companies Tata Motors and Ashok Leyland would cut production to adjust to the fall in demand and piling inventories. Tata Motors announced on Wednesday that it had decided to shut down its
Ashok Leyland too has decided to moderate the production plan for the next two months. Its manufacturing plants will work only three days a week, until December 8. It is also planning to reduce its monthly production target for November to 1,500 units from the average of 6,800 units it clocked each month in the first six months of this fiscal. The volume decline is substantial in case of Ashok Leyland and the company expects its sales to be lower by 15-20 per cent compared with last year.
crackcrack| Company Name | CMP |
|---|---|
| Tata MotorsPassenger | 355.60 |
| Maruti Suzuki | 13445.95 |
| Mahindra & Mahindra | 3219.55 |
| Hyundai Motor India | 1885.75 |
| Mercury Metals | 34.32 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: