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Ashok Leyland signs MoU with Adani Capital

21 Jul 2022 Evaluate

Ashok Leyland has signed a memorandum of understanding (MoU) with Adani Capital. The MoU will enable both Ashok Leyland and Adani Capital to offer customized financial solutions for its customers in the small commercial vehicle and light commercial vehicle segments. This association will help Ashok Leyland gain an edge in the market.

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 400.55
Ashok Leyland 149.10
Force Motors 17660.00
Olectra Greentech 990.90
SML Mahindra 4905.75
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