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Ashok Leyland bags order worth Rs 650 crore

24 Jul 2017 Evaluate

Ashok Leyland has bagged an order worth Rs 650 crore from KSRTC for 3019 buses. This order, one of the largest from a State Transport Undertaking for a single OEM, would be executed in the current financial year which would help the company in furthering its leadership position in buses.

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 400.55
Ashok Leyland 149.10
Force Motors 17660.00
Olectra Greentech 990.90
SML Mahindra 4905.75
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