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Ashok Leyland reports 11% growth in vehicles sales in October

01 Nov 2021 Evaluate

Ashok Leyland has reported an 11 per cent growth in total commercial vehicles sales at 11,079 units in October 2021. The company had sold a total of 9,989 units in the same month last year. Total domestic sales were at 10,043 units as compared to 8,885 units in the corresponding month last year, a growth of 13 per cent.

Domestic sales of medium and heavy commercial vehicles were at 5,254 units as against 3,881 units in October 2020, a growth of 35 per cent. However, sales of light commercial vehicles in the domestic market were down 4per cent at 4,789 units last month as against 5,004 units in October 2020.

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 1084.25
SML Mahindra 6130.00
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