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Ashok Leyland

Hinduja Group-backed Ashok Leyland is an Indian automobile company headquartered in Chennai. It is the second-largest commercial vehicle manufacturer in India, the fourth largest manufacturer of buses in the world and tenth largest manufacturer of trucks globally. More

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  • Ashok Leyland total sales fall to 13,134 units in May June 01, 2023 04:19 PM IST

    Ashok Leyland total sales fall to 13,134 units in May

    The company had posted total sales of 13,273 units in May 2022.

  • CV makers beef up operations to leverage record industry volumes during FY24 May 29, 2023 05:47 PM IST

    CV makers beef up operations to leverage record industry volumes during FY24

    According to ICRA, total investments made by the CV industry were estimated at nearly Rs 3,200 to Rs 3,500 crore during last fiscal, and a similar amount is expected for FY24 as well

  • Buy Ashok Leyland; target of Rs 194: KR Choksey May 27, 2023 04:56 PM IST

    Buy Ashok Leyland; target of Rs 194: KR Choksey

    KR Choksey is bullish on Ashok Leyland has recommended buy rating on the stock with a target price of Rs 194 in its research report dated May 25, 2023.

  • Buy Ashok Leyland; target of Rs 181: Sharekhan May 27, 2023 04:58 PM IST

    Buy Ashok Leyland; target of Rs 181: Sharekhan

    Sharekhan is bullish on Ashok Leyland has recommended buy rating on the stock with a target price of Rs 181 in its research report dated May 24, 2023.

  • Buy Ashok Leyland; target of Rs 215: Prabhudas Lilladher May 26, 2023 04:35 PM IST

    Buy Ashok Leyland; target of Rs 215: Prabhudas Lilladher

    Prabhudas Lilladher is bullish on Ashok Leyland has recommended buy rating on the stock with a target price of Rs 215 in its research report dated May 25, 2023.

  • Buy Ashok Leyland; target of Rs 186: LKP Research May 26, 2023 12:50 PM IST

    Buy Ashok Leyland; target of Rs 186: LKP Research

    LKP Research is bullish on Ashok Leyland has recommended buy rating on the stock with a target price of Rs 186 in its research report dated May 24, 2023.

  • Ashok Leyland: Sector tailwinds add to its horsepower May 25, 2023 08:40 AM IST

    Ashok Leyland: Sector tailwinds add to its horsepower

    A strong product portfolio and an increase in market share augur well for the company

  • Ashok Leyland CEO projects double-digit growth in FY24 margins May 24, 2023 01:03 PM IST

    Ashok Leyland CEO projects double-digit growth in FY24 margins

    Ashok Leyland's market share is going up, so we will achieve a lot of operating leverage, says CEO Shenu Agarwal.

  • Ashok Leyland Consolidated March 2023 Net Sales at Rs 13,202.55 crore, up 33% Y-o-Y May 24, 2023 11:42 AM IST

    Ashok Leyland Consolidated March 2023 Net Sales at Rs 13,202.55 crore, up 33% Y-o-Y

  • Ashok Leyland Standalone March 2023 Net Sales at Rs 11,625.67 crore, up 32.95% Y-o-Y May 24, 2023 11:10 AM IST

    Ashok Leyland Standalone March 2023 Net Sales at Rs 11,625.67 crore, up 32.95% Y-o-Y

  • Market Live: Hindalco, Ashok Leyland, Nykaa in focus; Best stock picking strategy at current levels May 24, 2023 08:33 AM IST

    Market Live: Hindalco, Ashok Leyland, Nykaa in focus; Best stock picking strategy at current levels

    Nifty ended below the 18,400 mark amid last hour volatility. This morning the SGX Nifty is hinting at a start below the 18,300 mark in the wake of subdued global cues. What are the levels to watch on the index today. Ashok Leyland, Hindalco, Nykaa are some of the stocks that will be in the limelight today. We discuss the technical with Kunal Shah of LKP Securities. As the Nifty is just 500 points away from record highs, what is the investing strategy you should adopt now. We touch base with Hemant Shah, Fund Manager, Seven Islands PMS, and ask him

  • Ashok Leyland net profit skids 17% in Q4, but brokerages retain the 'buy' tag May 24, 2023 08:22 AM IST

    Ashok Leyland net profit skids 17% in Q4, but brokerages retain the 'buy' tag

    Research house Nomura has kept buy rating on the stock with a target price of Rs 184 per share.

  • Ashok Leyland April total sales rise 10% to 12,974 units May 02, 2023 12:59 PM IST

    Ashok Leyland April total sales rise 10% to 12,974 units

    The company had registered total sales of 11,847 units in the same month a year ago, Ashok Leyland said in a regulatory filing.

  • Indian bus makers shun government contracts over payment, labour concerns: Report April 21, 2023 09:09 PM IST

    Indian bus makers shun government contracts over payment, labour concerns: Report

    The third tender for 4,675 buses opened in January and closed this week but got bids from only one Indian EV startup - Eka Mobility owned Pune-based Pinnacle Industries, industry and government officials said.

  • Ashok Leyland Q4 PAT seen up 48.9% YoY to Rs. 623 cr: Motilal Oswal April 20, 2023 11:35 AM IST

    Ashok Leyland Q4 PAT seen up 48.9% YoY to Rs. 623 cr: Motilal Oswal

    Net Sales are expected to increase by 35.7 percent Y-o-Y (up 31.4 percent Q-o-Q) to Rs. 11,863.8 crore, according to Motilal Oswal.

  • Ashok Leyland bags order for 1,560 trucks from VRL Logistics April 17, 2023 01:07 PM IST

    Ashok Leyland bags order for 1,560 trucks from VRL Logistics

    This particular order is places for AVTR 3120 and AVTR 4420 TT models of Ashok Leyland, which have the improve the efficiency to VRL’s expanding fleet.

  • Ashok Leyland launches e-marketplace for used commercial vehicles April 13, 2023 12:47 PM IST

    Ashok Leyland launches e-marketplace for used commercial vehicles

    This is an attempt by the brand to increase transparency in the business of used vehicles.

  • Goldman Sach starts coverage on Eicher Motors, Ashok Leyland April 13, 2023 09:53 AM IST

    Goldman Sach starts coverage on Eicher Motors, Ashok Leyland

    Goldman Sach has initiated coverage on Eicher Motors and Ashok Leyland

  • Auto: What will be the journey in FY24 after a bumpy ride in FY23? April 05, 2023 10:43 AM IST

    Auto: What will be the journey in FY24 after a bumpy ride in FY23?

    CVs, EVs, premium bikes and PVs expected to maintain momentum with rural-centric companies facing demand challenges

  • Three factors will drive auto-stock prices in FY24, according to Morgan Stanley April 03, 2023 04:21 PM IST

    Three factors will drive auto-stock prices in FY24, according to Morgan Stanley

    March volumes indicate an acceleration in EV adoption and improving export numbers, going by MS’ report

  • Ashok Leyland shares gain on robust monthly sales April 03, 2023 11:00 AM IST

    Ashok Leyland shares gain on robust monthly sales

    Brokerage firm ICICIdirect believes the growth in medium and heavy commercial vehicle segment was particularly strong as the bus segment came out of the woods post the slump witnessed over last few years.

  • March auto volumes | PVs slowing down, 2W steady with no improvement: Nomura March 31, 2023 02:45 PM IST

    March auto volumes | PVs slowing down, 2W steady with no improvement: Nomura

    Passenger vehicle registrations were estimated to be 2,84,500 units in March, which would be a one percent drop year-on-year.

  • Ashok Leyland rolls out Embrace Equity programme March 08, 2023 04:28 PM IST

    Ashok Leyland rolls out Embrace Equity programme

    The initiative is an attempt to provide women with equal opportunities and the city-based firm has invited 100 women to New Delhi to be trained on driving commercial vehicles at its training institute.

  • Ashok Leyland trains over 100 women to drive commercial vehicles in Delhi March 08, 2023 04:08 PM IST

    Ashok Leyland trains over 100 women to drive commercial vehicles in Delhi

    Ashok Leyland also partnered with Delhi Government’s initiative Mission Parivartan, to train 180 women and many of them have now been employed as bus drivers with the Delhi Transport Corporation.

  • Ashok Leyland sees 32% jump in sales in Feb 2023 March 01, 2023 03:51 PM IST

    Ashok Leyland sees 32% jump in sales in Feb 2023

    The heavy commercial vehicle maker had registered sale of 13,281 units during the corresponding month of last year, a company statement said.