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Ashok Leyland reports 7% rise in June sales

01 Jul 2016 Evaluate

Ashok Leyland, the commercial vehicle manufacturer, has reported an increase of 7% in June 2016 sales to 11108 units, as against 10429 units sold in the same period of last year. The company has experienced a jump of 8% in its medium and heavy commercial vehicle (M&HCV) products segment to 8685 units in June 2016, as compared to 8016 units in June 2015. Light commercial vehicle (LCV) of the company registered sales of 2423 units in June 2016 as against 2413 units in June 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 1083.65
SML Mahindra 6087.35
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