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Ashok Leyland reports 25% rise in February sales

01 Mar 2016 Evaluate

Ashok Leyland, the commercial vehicle manufacturer, has reported an increase of 25% in sales in February 2016 to 13,403 units as against 10,762 units sold in the same period of last year. The company has experienced a jump of 31% in its medium and heavy commercial vehicle (M&HCV) products segment to 10,798 units in February 2016. The company’s light commercial vehicle (LCV) segment witnessed a rise of 3% to 2,605 units in February 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 396.25
Ashok Leyland 145.00
Force Motors 17370.00
Olectra Greentech 951.15
SML Mahindra 4717.95
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