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Ashok Leyland reports 31% rise in December sales

02 Jan 2016 Evaluate

Ashok Leyland, the commercial vehicle manufacturer, has reported an increase of 31% in sales in December 2015 to 12,209 units as against 9,290 units sold in the same period of last year. The company has experienced a jump of 35% in its medium and heavy commercial vehicle (M&HCV) products segment to 9,758 units in December 2015. The company’s light commercial vehicle (LCV) segment witnessed a rise of 18% to 2,451 units in December 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 399.05
Ashok Leyland 142.00
Force Motors 17320.00
Olectra Greentech 980.05
SML Mahindra 4786.70
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