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Ashok Leyland reports 31% rise in March sales

01 Apr 2016 Evaluate

Ashok Leyland, the commercial vehicle manufacturer, has reported an increase of 31% in March 2016 sales to 16,702 units as against 12,754 units sold in the same period of last year. The company has experienced a jump of 32% in its medium and heavy commercial vehicle (M&HCV) products' segment to 13,240 units in March 2016. The company’s light commercial vehicle (LCV) segment witnessed a rise of 27% to 3,462 units in March 2016. 

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 1083.65
SML Mahindra 6087.35
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