MoneyWorks4Me

Ashok Leyland bags order worth over Rs 100 crore from MoD

13 Apr 2018 Evaluate

Ashok Leyland has won another critical order from the Ministry of Defence (MoD). The contract is for supplying the company's High Mobility 10x10 vehicles (HMV 10x10). This order will end a long search by the Indian Army, who have been looking for HMV 10x10s to carry the Smerch Rockets, this initial order is worth over Rs 100 crore.

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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