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Ashok Leyland reports 20% fall in December sales

02 Jan 2019 Evaluate

Ashok Leyland has reported a fall of 20% in December 2018 sales to 15,493 units, as against 19,251 units sold in the same month of last year. The company reported a fall of 29% in its medium and heavy commercial vehicle (M&HCV) products segment to 11,295 units in December 2018, as compared to 15,948 units sold in December 2017.

The light commercial vehicle (LCV) segment of the company registered sales of 4,198 units in December 2018, a jump of 27%, as compared to 3,303 units sold in December 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 433.30
Ashok Leyland 169.15
Force Motors 19584.35
Olectra Greentech 1025.40
SML Mahindra 5187.60
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