SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Ashok Leyland partners with CVRDE to develop 600hp Engine

16 Dec 2021 Evaluate

Ashok Leyland has partnered with Combat Vehicles Research and Development Establishment (CVRDE), a premier establishment of DRDO, to develop and manufacture 600hp indigenous engine to power futuristic combat vehicles under AtmaNirbhar Bharat.

As the development cum Production Partner, Ashok Leyland had applied modern & innovative methods and completed manufacturing of the engine in a record time despite the total lockdown due to COVID-19. The 600hp engine will undergo rigorous testing in lab and will be qualified for application in tanks. Ashok Leyland will undertake series production of the engine post induction into service.

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.

Ashok Leyland Share Price

168.65 -2.05 (-1.20%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Ashok Leyland 168.65
Force Motors 20878.00
Olectra Greentech 1340.60
Tata Motors 431.10
SML Mahindra 3800.40
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×