ENTITY
Ashok Leyland

Ashok Leyland (AL IN)

261
Analysis
Industrials • India
Ashok Leyland is an Indian multinational automotive manufacturer and a flagship company of the Hinduja Group. It is the second-largest manufacturer of commercial vehicles in India and the fourth-largest manufacturer of buses globally, offering a comprehensive range of trucks, buses, light commercial vehicles, power solution systems, and defense vehicles. The company was founded in 1948 and is headquartered in Chennai, Tamil Nadu, India.
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•06 Apr 2023 07:05•Broker

Automotive Industry - Mar’23 Wholesale Dispatches Continue to Grow YoY

The Domestic PV industry sales grew by ~6% YoY (flat MoM) to fulfill the order backlogs, especially in the SUV segment as the production...

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•04 Apr 2023 02:53•Broker

Top Picks - Apr 2023

Axis Top Picks basket outperformed the benchmark by a significant margin with its impressive return of 9.7% in FY23 as against the 0.6% decline...

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•31 Mar 2023 19:01

India Channel Insight #50 | Commercial Vehicles - Discounts & Market Share

Indian commercial vehicle industry faces challenges from discounting, new regulations and competition. Tata Motors may regain market share, while...

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•03 Mar 2023 08:08•Broker

Automotive Industry - Robust Domestic Sales; 2W Exports Continue to Remain Weak

The domestic CV wholesale volumes registered positive momentum with 11% YoY growth (5% MoM) in Feb’23, which was driven by the growth in the MHCV...

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•02 Mar 2023 09:26•Broker

Axis Top Picks - March 2023

Axis Top picks basket delivered a positive return of 0.7%, outperforming the Nifty 50 index which declined by 1.7% over the same period (since 1st...

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