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Ashok Leyland reports 22% growth in January sales

01 Feb 2018 Evaluate

Ashok Leyland has reported a jump of 22% in January 2018 sales to 18,101 units, as against 14,872 units sold in the same month of last year. The company reported a rise of 13% in its medium and heavy commercial vehicle (M&HCV) products segment to 13,643 units in January 2018, as compared to 12,056 units in January 2017.

The light commercial vehicle (LCV) segment of the company registered sales of 4,458 units in January 2018, a jump of 58% as compared to 2,816 units sold in January 2017.

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 428.15
Ashok Leyland 149.35
Force Motors 16950.00
Olectra Greentech 1083.65
SML Mahindra 6087.35
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