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Ashok Leyland reports 25% jump in August sales

01 Sep 2017 Evaluate

Ashok Leyland has reported a jump of 25% in August 2017 sales to 13,634 units, as against 10,897 units sold in the same month of last year. The company reported a rise of 29% in its medium and heavy commercial vehicle (M&HCV) products segment to 10,567 units in August 2017, as compared to 8,201 units in August 2016.

The light commercial vehicle (LCV) segment of the company registered sales of 3,067 units in August 2017, a rise of 14%, as compared to 2,696 units sold in August 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 396.25
Ashok Leyland 145.00
Force Motors 17370.00
Olectra Greentech 951.15
SML Mahindra 4717.95
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