| Ashok Leyland Limited Related news |
Ashok Leyland gung-ho about defence biz
Posted on 11th April 2018 |
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Chennai, Apr 11 Hinduja Group flagship Ashok Leyland was "gung ho" about its defence business and would focus only on mobility of defence products, a top official said today. The city-based heavy commercial vehicle maker has showcased six advanced products and technology solutions at the DefExpo organised by Ministry of Defence at Thiruvadanthai about 40kms from here. |
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Ashok Leyland to invest Rs 400 crore in LCV push
Posted on 10th April 2018 |
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NEW DELHI: Hinduja Group’s flagship truck maker Ashok LeylandNSE -1.33 % expects demand in the segment staying strong and growing by 10-12% in the current financial year boosted by public investments in infrastructural projects and companies that will benefit from the hub-and-spoke model to transport goods post GST. To cash in on the spike in demand, India’s second largest manufacturer of medium and heavy commercial vehicles (MHCVs) has now outlined aggressive plans to increase market share in light commercial vehicles (LCV). |
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Ashok Leyland rolls out 200,000th unit of 'Dost' LCV from TN plant
Posted on 4th April 2018 |
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Hinduja group flagship Ashok Leyland has rolled out the 2,00,000th unit of light commercial vehicle "Dost" from its manufacturing facility, a top official said. The 2,00,000th unit was the company's highly popular "Dost" range of model, which was rolled out from the assembly line at its manufacturing unit in Hosur about 300kms from here. |
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Ashok Leyland March sales up 23% at 22,453 units
Posted on 2nd April 2018 |
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Hinduja Group flagship company Ashok Leyland today reported a 20 per cent increase in total sales at 22,453 units for March 2018, as against 18,701 units in the same month last year. Sales for its medium and heavy commercial vehicles increased by 12 per cent at 17,057 units in March as against 15,277 units in the year-ago period, the company said in a filing to the BSE. |
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Ashok Leyland to increase vehicle prices by at least 2% from April
Posted on 27th March 2018 |
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NEW DELHI: Commercial vehicle maker Ashok Leyland today said it will increase prices of its entire product portfolio by a minimum of 2 per cent from next month to partially offset the impact of rising input costs. The company would be increasing prices of its entire range of vehicles by a minimum of 2 per cent, the Hinduja group flagship firm said in a statement. |
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Ashok Leyland, extends gains, hits new high
Posted on 8th March 2018 |
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Ashok Leyland (ALL) hit a new high of Rs 145, up 2.5%, extending its previous day’s 1% gain on the BSE in otherwise subdued market. Hinduja Group flagship ALL has outperformed the market by gaining 8% in past one month, as compared to 3.6% decline in the S&P BSE Sensex. The company’s net profit jumped almost three-fold to Rs 4.49 billion in Q3 from Rs 1.61 billion in the same period a year earlier, overtaking analysts’ estimates of Rs 4 billion. |
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Ashok Leyland hits fresh high ahead of February sales figures
Posted on 28th February 2018 |
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Shares of Ashok Leyland hit a fresh high of Rs 142, up 3% on the BSE in intra-day trade in otherwise weak market ahead of February sales figures. The commercial vehicles (CV) maker will announce its monthly sales volumes data on Thursday, March 1, 2018. The stock has outperformed the market by surging 13% thus far in February, after the company reported good sales numbers for the month of January and more-than-doubled net profit in October-December (Q3FY18) quarter. |
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Ashok Leyland gets patent for tech to help improve fuel economy
Posted on 17th February 2018 |
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Hinduja flagship commercial vehicle major Ashok Leyland has been granted a patent for its invention related to a technology for real-time road slope estimation, which could be used in predictive systems for improving fuel economy of vehicles. The company’s invention comprises an apparatus for estimation of slope of the road taken by vehicles and by anticipating the upcoming road profile, fuel tank sensors could flag off required actions to save fuel. |
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Tata Motors, Ashok Leyland, Eicher ramp up truck manufacturing eyeing infra boost
Posted on 15th February 2018 |
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New Delhi: Truck makers are preparing to boost production, encouraged by the government’s proposal to raise allocation for infrastructure by more than Rs1 trillion for the year starting 1 April, two people aware of the matter said. India’s top three truck makers—Tata Motors Ltd, Ashok Leyland Ltd and Volvo Eicher Commercial Vehicles Ltd—have asked their suppliers to ramp up capacity, anticipating an increase in demand for trucks and tippers which are used for road construction, transportation and mining. |
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Ashok Leyland’s new electric bus may turn focus to battery swaping
Posted on 9th February 2018 |
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New Delhi: A city bus that Ashok Leyland has just unveiled could help attract the focus again to battery swapping, a cheaper method to operate electric vehicles provided there is infrastructure to replace their power cells frequently. The 'Circuit S', which Ashok Leyland is showcasing at the ongoing Auto Expo 2018, is cheaper to buy as well as operate, compared with other electric buses, the Hinduja Group company claimed. Its vehilce has just one lithium ion battery, compared with a pack of cells in other electric city buses. |
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