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Ashok Leyland reports 7% rise in January sales

01 Feb 2017 Evaluate

Ashok Leyland, the commercial vehicle manufacturer, has reported a gain of 7% in January 2017 sales to 14,872 units, as against 13,886 units sold in the same period of last year. The company has experienced a rise of 8% in its medium and heavy commercial vehicle (M&HCV) products segment to 12,056 units in January 2017, as compared to 11,208 units in January 2016. Light commercial vehicle (LCV) of the company registered sales of 2,816 units in January 2017 as against 2,678 units in January 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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