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Ashok Leyland reports 22% fall in November sales

02 Dec 2019 Evaluate

Ashok Leyland has reported a fall of 22% in November 2019 sales (Domestic + Exports) to 10175 units, as against 13119 units sold in the same month of last year. The company reported a decline of 32% in its medium and heavy commercial vehicle (M&HCV) products segment to 5966 units in November 2019, as compared to 8716 units sold in November 2018.

The light commercial vehicle (LCV) segment of the company registered sales of 4209 units in November 2019, a fall of 4%, as compared to 4403 units sold in November 2018.

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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