Ashok Leyland, the commercial vehicle manufacturer, has reported 18% decline in its total sales to 12,057 units in September 2016 as compared to 14,783 units sold in the same period of last year. The company has experienced 26% decline in its sales of medium and heavy commercial vehicle (M&HCV) to 8,963 units in September 2016 as compared to 12,146 units in September 2015. However, Light commercial vehicle (LCV) segment registered 17% growth in sales to 3,094 units in September 2016 as compared to 2,637 units in September 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.
| Company Name | CMP |
|---|---|
| Ashok Leyland | 174.75 |
| Force Motors | 22447.00 |
| Olectra Greentech | 1220.00 |
| Tata Motors | 437.80 |
| SML Mahindra | 4298.75 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: