Current phase is only an aberration: Dheeraj Hinduja, Chairman, Ashok Leyland

Besides aggressive cost cutting measures the Chennai-based bus market leader is banking on a complete revamp of its product portfolio

Ashok Leyland subsidiary delivers first battery-electric Metrodecker EV to First York

This Metrodecker is a part of the 107 Metrodecker EVs (electric vehicles) order Optare has received since the product was launched 18 months ago, Ashok Leyland said in a statement.

Passenger vehicles, two-wheeler sales show promise in July

The passenger vehicle segment is expected to do well in coming months riding on the preference for personal transport

Ashok Leyland expands digital solutions for commercial vehicles

DigitAL Nxt comprises i-Alert 3.0, AL Cares and Uptime Solution Centre, the release said adding that it will empower customers to better manage their business and enhance profitability.

Buy Ashok Leyland; target of Rs 59: Geojit

Geojit recommended is bullish on Ashok Leyland recommended buy rating on the stock with a target price of Rs 59 in its research report dated July 10, 2020.

This week in Auto: Indian EV startups beat slowdown to raise capital

Here is a complete look at what else made headlines during the week

Reduce Ashok Leyland; target of Rs 47: HDFC Securities

HDFC Securities recommended reduce rating on Ashok Leyland with a target price of Rs 47 in its research report dated June 26, 2020.

June auto sales: Two-wheelers and tractors on the fast track, CVs falter

We believe that demand for CVs would gather steam slowly as their fortunes are directly linked to the economy

Ashok Leyland June sales fall 81% to 2,394 units

The company had sold 12,810 units in the same month last year, Ashok Leyland said in a regulatory filing.

Should investors be concerned about the feud among Hinduja Brothers?

The feud between the four brothers stems from a letter they signed in 2014 which penned the long-followed family ideology - Everything belongs to everyone and nothing belongs to anyone

Buy Ashok Leyland; target of Rs 74: Emkay Global Financial

Emkay Global Financial is bullish on Ashok Leyland has recommended buy rating on the stock with a target price of Rs 74 in its research report dated June 26, 2020.

Ashok Leyland: Disappointing March quarter

Ashok Leyland should be able to outperform its peers on the back of its strong product portfolio

Ashok Leyland share price falls 4% after CLSA retains underperform call; raises FY21-22 EBITDA by 6-8%

CLSA has raised its FY21-22 EBITDA by 6-8 percent and does not expect any meaningful positive triggers in the near term.

Buy Ashok Leyland; target of Rs 65: Motilal Oswal

Motilal Oswal is bullish on Ashok Leyland recommended buy rating on the stock with a target price of Rs 65 in its research report dated June 26, 2020.

Hold Ashok Leyland; target of Rs 58: ICICI Direct

ICICI Direct recommended hold rating on Ashok Leyland with a target price of Rs 58 in its research report dated June 26, 2020.

Hold Ashok Leyland; target of Rs 60: Sharekhan

Sharekhan recommended Hold rating on Ashok Leyland with a target price of Rs 60 in its research report dated June 26, 2020.

Accumulate Ashok Leyland; target of Rs 59: Prabhudas Lilladher

Prabhudas Lilladher recommended accumulate rating on Ashok Leyland with a target price of Rs 59 in its research report dated June 27, 2020.

Accumulate Ashok Leyland; target of Rs 58: Dolat Capital

Dolat Capital recommended accumulate rating on Ashok Leyland with a target price of Rs 58 in its research report dated June 26, 2020.

After AVTR comes Phoenix, Ashok Leyland’s next launch

The launch of the Phoenix had been impacted by the coronavirus pandemic.

Ashok Leyland Standalone March 2020 Net Sales at Rs 3,838.46 crore, down 56.61% Y-o-Y

Ashok Leyland share price gains 3% despite weak Q4 numbers

The Fund Raising Committee has allotted 2,000 Rated Listed Secured Redeemable Non-Convertible Debentures (NCDs) on private placement basis.

Ashok Leyland Q4 net profit plunges 92% to Rs 57.78 crore

The company had posted a net profit of Rs 751.71 crore in the same quarter of previous fiscal, Ashok Leyland said in a regulatory filing.

The Hinduja dispute: Four brothers and a document that is key to their $15.6 billion fortune

Till now, the four bothers were seen in sync. Not anymore. And at the centre of their dispute is a 2014 document.

Shriram Transport Finance hires 8 bankers for a Rs 1,500 crore rights issue

The firm seeks to improve its capital adequacy ratio and debt-to-equity ratio and boost its lending business through this rights issue.

Ashok Leyland board to consider plan to raise Rs 200 crore this week

A meeting of the fundraising committee of the board is proposed to be held on June 19 to consider and issue secured, rated, listed, redeemable non convertible debentures aggregating to Rs 200 crore on private placement basis.