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Ashok Leyland reports 30% rise in January sales

01 Feb 2016 Evaluate

Ashok Leyland, the commercial vehicle manufacturer, has reported an increase of 30% in sales in January 2016 to 13,886 units as against 10,643 units sold in the same period of last year. The company has experienced a jump of 40% in its medium and heavy commercial vehicle (M&HCV) products segment to 11,208 units in January 2016. The company’s light commercial vehicle (LCV) segment witnessed a rise of 2% to 2,678 units in January 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 6130.00
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