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Ashok Leyland reports 79% growth in December sales

02 Jan 2018 Evaluate

Ashok Leyland has reported a jump of 79% in December sales to 19,253 units, as against 10,731 units sold in the same month of last year. The company reported a rise of 82% in its medium and heavy commercial vehicle (M&HCV) products segment to 15,950 units in December 2017, as compared to 8,782 units in December 2016.

The light commercial vehicle (LCV) segment of the company registered sales of 3,303 units in December 2017, a jump of 69% as compared to 1,949 units sold in December 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 433.30
Ashok Leyland 169.15
Force Motors 19584.35
Olectra Greentech 1025.40
SML Mahindra 5187.60
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