Cv Industry

Over the next five years, we would like to grow the SME portfolio by expanding in regions other than the south, which has been significant so far

Ashok Leyland ready to cater to evolving demand, CV sector poised for uptick: CEO Shenu Agarwal

The next two-three years are going to be strong for the CV industry, and Ashok Leyland expects the government to support efforts of companies to move towards the future, said CEO Shenu Agarwal. The tech adoption will be driven by the entire ecosystem, not just OEMs alone, he added.

Prefer Maruti Suzuki, Bajaj Auto, Tata Motors: MOSt

Motilal Oswal has prefered Maruti Suzuki, Bajaj Auto and Tata Motors in large caps and Ashok Leyland, Eicher Motors and TVS Motor in mid-caps, in its October 2015 research report.

Eicher Motors sees subdued Apr-June quarter for CV sales

Siddharth Lal, CEO, Eicher Motors Ltd says the hike in excise duty to 12% announced in Budget 2012, along with inflationary pressures and cost of raw materials is likely to lead to a subdued quarter for commercial vehicles.

Eicher Motors sees sluggish growth for CV segment ahead

Automaker Eicher Motors has posted a net profit of Rs 14.5 crore and net sales at Rs 149 crore for the fourth quarter. Reacting on the Q4 result numbers, Siddharth Lal, CEO of Eicher Motors, in an interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee, said that cost cutting measures helped the operating performance of the company.