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Ashok Leyland reports 16% rise in November sales

01 Dec 2015 Evaluate

Ashok Leyland, the commercial vehicle manufacturer, has reported an increase of 16% in sales in November 2015 to 8,971 units as against 7,732 units sold in the same period of last year. The company has experienced a jump of 21% in its medium and heavy commercial vehicle (M&HCV) products segment to 6,297 units in November. The company’s light commercial vehicle (LCV) segment witnessed a rise of 6% to 2,674 units in November 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 428.15
Ashok Leyland 149.35
Force Motors 16950.00
Olectra Greentech 1084.25
SML Mahindra 6087.35
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