SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Ashok Leyland Defence Systems inks MOU with Rosoboronexport, ELCOM

06 Sep 2017 Evaluate

Ashok Leyland Defence Systems (ALDS), Hinduja Group company has signed a Memorandum of Understanding (MOU) on Cooperation with Russia’s Rosoboronexport (ROE) and ELCOM, on the sidelines of the International Military Technical Forum Army - 2017 held at Kubinka, near Moscow, on August 25, 2017.

Rosoboronexport is the only state organisation in Russia for export of the entire range of military products and technologies. ROE represents Russian companies who are manufacturers of Infantry Fighting Vehicles and Main Battle Tanks, currently working with the Indian Army. ELCOM Group is emerging as a significant player in strategic electronics, avionics and tactical communication globally.

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.

Ashok Leyland Share Price

175.75 1.00 (0.57%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Ashok Leyland 175.75
Force Motors 21919.70
Olectra Greentech 1196.55
Tata Motors 438.25
SML Mahindra 4324.90
View more..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×