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Ashok Leyland's Pantnagar plant to remain close till July 24

15 Jul 2019 Evaluate

Ashok Leyland’s plant situated at Pantnagar in the state of Uttarakhand will remain closed from July 16, 2019 to July 24, 2019 (both days inclusive). The shutdown is due to weak demand and outlook for the industry.

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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