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Ashok Leyland reports 3% growth in October sales

01 Nov 2017 Evaluate

Ashok Leyland has reported a jump of 3% in October 2017 sales to 12,914 units, as against 12,534 units sold in the same month of last year. The company reported a drop of 5% in its medium and heavy commercial vehicle (M&HCV) products segment to 9,110 units in October 2017, as compared to 9,575 units in October 2016.

The light commercial vehicle (LCV) segment of the company registered sales of 3,804 units in October 2017, a jump of 29%, as compared to 2,959 units sold in October 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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