MoneyWorks4Me

Ashok Leyland planning to boost light commercial vehicle business

27 May 2019 Evaluate

Ashok Leyland is planning to boost its Light Commercial Vehicle (LCV) business with the launch of new products, besides gearing up to roll out vehicles under the BSVI emission norms by April 2020. The company has earmarked Rs 1,000 crore as capital expenditure for financial year 2019-20 and a similar amount for the next fiscal.

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
View more..