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Ashok Leyland Limited
Ashok Leyland has a dominant presence in the bus segment of the commercial vehicle industry: 6 out of every 10 buses plying in the State transport system are from Ashok Leyland. Also manufactures trucks and application-specific vehicles.
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Contact Details
Corporate Office:Ashok Leyland : Manufacturer of Buses, Trucks and application-specific vehicles.
No. 1, Sardar Patel Road
Guindy
Chennai, TN, 600032
Phone : +91-44-22206000
Fax : +91-44-2220 6001
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  • For over six decades, we have been moving people and goods, touching you and millions across 50 countries worldwide. Today, we are the flagship of the Hinduja Group, one of the largest commercial vehicle manufacturers in India with a turnover of US $ 2.3 billion in 2012-13 having consistently delivered profits to our stake-holders since inception.

  • indias first auto major accredited with the TS 16949 certification, Ashok Leyland is served by its own comprehensive R & D base complemented by collaborations with global technology leaders.

  • Ashok Leyland trucks have been the wheels of the economy for decades. We offer a comprehensive range for a variety of applications: long-haul, distribution, construction, mining. Available in a wide array of configurations and driveline options, we are sure you will find a solution in our range whatever be your need to move goods.

  • Ashok Leyland Defence Systems (ALDS), a joint venture Company, stands poised to leverage technologies and partnerships to provide tactical and armoured solutions to address defense requirements in India and globally.

  • People move to keep their lives ticking and we move some 70 million people every day on our buses. From 18 seaters to 80 seaters, Ashok Leyland has an extensive range of buses that fits almost every requirement. Optare is well-known for their innovative, weight-optimized ‘Low Carbon’ range of low-floor, mid-sized and modern range of city buses.

  • The Light Vehicles segment has come to the fore with fractional, last mile deliveries of consumables becoming critical. Our DOST, a vehicle with a rated payload of 1.25 tonnes, is positioned to meet an evolving market need for slightly heavier tonnage vehicles due to higher aggregation of small loads.

  • Ashok Leyland has been, over the last four decades catering to the marine segment, as well. From powering fishing vessels for various types of fishing applications, like Trawling, Purse seining, Gillnetting etc, they extend to meet customer specific requirements to power sailing vessels, Auxiliary drive-in vessels,passenger Launches, Ferries, Marine generating sets cargo vessels etc.

News
Ashok Leyland slips 7% after standalone profit before tax slumps 97% in Q2
Posted on 11th November 2019
Shares of Ashok Leyland slipped up to 7.2 per cent to Rs 71 in the morning deals on the NSE on Monday, after the company reported weak September quarter earnings. The commercial vehicle major logged a 97 per cent drop in standalone profit before tax at Rs 19.11 crore during Q2FY20, as compared to Rs 670.8 crore during same quarter last year.

At 9:43 AM, the stock was trading 3.2 per cent lower at Rs 74.05. In comparison, the benchmark Nifty50 was 0.19 per cent down at 11,885-mark. Nearly 2.05 shares changed hands on the NSE and BSE till the time of writing of this report.

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Auto slowdown: Ashok Leyland M&HCV domestic sales drop by 50% in October
Posted on 1st November 2019

Ashok Leyland has reported a 50 per cent drop in domestic M&HCV sales during the month of October 2019 to 4,565 units as against 9,062 units, a year ago.

The biggest drop was in trucks, whose sales declined by 59 per cent to 3,335 units in October from 8,124 units in the same month a year ago. Bus sales in October, on the other hand, were up 31 per cent to 1,230 units, from 938 units the previous year.

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Stock corner: Maintain ‘buy’ on Ashok Leylands, target price Rs 79
Posted on 15th October 2019
Ashok Leyland (AL) has corrected significantly (price erosion of more than 60% from its highs of `167). We believe its CMP has priced in most of the negative factors (liquidity issues due to the NBFC crisis, one of the worst demand slowdowns, axle load norms) that led to the decline. We believe having priced in most of the negative factors, the sequential increase in vehicle sales due to discounts, festive season buying and pre-BS6 buying would start reflecting in prices as month-on-month demand picks up. Read More

Ashok Leyland's domestic sales drop 57% in September to 7,851 units
Posted on 1st October 2019

Ashok Leyland reported a 57 per cent drop in domestic vehicle sales in September to 7,851 units from 18,078 units in the year-ago period.

The company's domestic sales of medium and heavy commercial vehicles (M&HCV) slumped 69 per cent to 4,035 units from 13,056 the previous year, while those of M&HCV trucks were down 74 per cent to 3,131 units from 11,837 units.

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Ashok Leyland extends output cut at Ennore for five more days
Posted on 27th September 2019
Ashok Leyland (ALL) has decided to have more production holidays in view of the continuing slump in the auto sector. With no relief in sight, including the CV industry, at the recently concluded GST Council meet in Goa coupled with no sign of early revival in the demand, the CV major on Thursday announced 5 more non-working days at its mother plant in Ennore, Chennai. Read More
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