Ashok Leyland

Ashok Leyland to write down Rs 157 crore in John Deere JV

Ashok Leyland has decided to write down Rs 157 crore in its accounts as diminution in the value of investments made in its earthmoving equipment joint venture with John Deere.

Ashok Leyland Q2 net up 137%

The revenue during the quarter grew 53.5% to Rs 4,940 crore in the quarter under review as compared to Rs 3,218 crore in the same quarter last fiscal.

Auto cos ride on FPI investments in Q2

Bajaj Auto witnessed the highest gain in FPI ownership among automobile companies. Foreign ownership in India's largest two-wheeler company by volume jumped 2.8 percentage points to 17.8% in Q2

RBI cuts repo rate by 50 bps, 5 stocks you could bet on

Rate sensitive sectors are back in focus after the Reserve Bank of India (RBI) surprised market analysts on Tuesday and cut repo rate by 50 basis points to 6.75 per cent from 7.25 earlier.

Market outlook, sensex

Ashok Leyland adopts Dassault platform offerings

Dassault Systemes, a leader in 3D design software and product lifecycle management, today said Ashok Leyland has adopted two offerings of its '3DExperience' platform to cut costs and simplify processes.

ashok leyland

Stocks that are in focus today: Cipla, ONGC, Wipro and more

Cipla stocks will be in focus today as the the Indian generic drugmaker on Friday informed BSE that its UK arm, Cipla EU, has entered into definitive agreements to acquire two US-based companies InvaGen Pharmaceuticals Inc an

Godrej Properties share price, Sensex

Neutral on Ashok Leyland, target Rs 93: Nomura

We downgrade Ashok Leyland to neutral with a target price of Rs 93 a share. We maintain our target EV/Ebitda multiple at 9x FY18F...

ashok leyland

DTC Bus service: NGT slams DTC, notice to Tata, Ashok Leyland

The National Green Tribunal today flayed Delhi Transport Corporation (DTC) for running its air conditioned buses without passengers for a major part of the day.

delhi transport

Ashok Leyland banks on exports for stable growth

In a bid to revitalise its commercial vehicle (CV) business and gain volumes, Ashok Leyland—the country's second largest commercial vehicle manufacturer...

Ashok Leyland draws road map for alternative propulsion systems

Hinduja group’s Ashok Leyland (ALL) has drawn up a road map for the introduction of alternative propulsion systems.

Ashok Leyland’s ‘Dost’ crosses 1 lakh sales milestone

Hinduja Group's flagship company Ashok Leyland said its light commercial vehicle (LCV) 'Dost' has crossed one lakh sales mark.

ashok leyland

Ashok Leyland wins $82 mn bus contract from Senegal

Hinduja Group's flagship company Ashok Leyland said it has received orders worth $82 million (approx Rs 521 crore) from Senegal to supply 475 buses.

Hinduja Group, Ashok Leyland, Ashok leyland Czech firm, Avia Ashok Leyland Motors

Ashok Leyland wins $82 mn bus contract from Senegal

Hinduja Groupu0027s flagship company Ashok Leyland said it has received orders worth $82 million (approx Rs 521 crore) from Senegal to supply 475 buses.

Hinduja Group, Ashok Leyland, Ashok leyland Czech firm, Avia Ashok Leyland Motors

Neutral rating on Ashok Leyland as driving ahead on CV recovery: JP Morgan

Ashok Leyland Ltd (ALL) reported Q4 profit after tax of R2.3 bn, which was above our estimate as the Ebitda...

Hyper-competitive utility vehicle market cramps Ashok Leyland’s Stile

Another MPV from the Nissan-ALL venture, the Evalia, will meet the same fate since the company sold a mere 466 units in FY15

Sale of own dealerships, spare part outlets on Ashok Leyland’s radar

Commercial vehicle major Ashok Leyland (ALL) has said it is open to selling company-owned dealerships...

Strong Q4 from Ashok Leyland signals MHCV cycle recovery: LKP Research

Ashok Leyland’s Q4 FY15 results were strong as volumes during the quarter (excluding Dost) grew by 40% y-o-y and 38% q-o-q

Ashok Leyland reports 37% drop in Q4 net

Ashok Leyland (ALL) has posted a 36.7% drop in its net profit to R230 crore for the fourth quarter against R363.39 ...

Ashok Leyland arm to delist from London Stock Exchange’s AIM

Ashok Leyland arm has decided to delist from the Alternative Investment Market (AIM) of the London Stock Exchange.

Ashok Leyland

Sell Ashok Leyland as valuations expensive

Maintain sell on Ashok Leyland (AL) due to expensive valuations but revise our target price to R57 (earlier R44) on roll-over to March 2017 and increase in EPS estimates...

Hinduja Group’s Ashok Leyland sells entire holding in Czech arm for $10.96 mn

Hinduja Group flagship firm Ashok Leyland today announced selling its entire holding in Czech arm Avia Ashok Leyland Motors...

Hinduja Group, Ashok Leyland, Ashok leyland Czech firm, Avia Ashok Leyland Motors

Most auto firms buy into recovery story, post sales growth in February

Signaling a recovery in India’s passenger car market and a pick-up in infrastructure and manufacturing activity aiding commercial vehicle sales...

Buy Ashok Leyland on volume growth outlook: Nomura

Maintain buy on Ashok Leyland (AL) and raise target price to Rs 77.

Ashok Leyland posts strong Q3 numbers: LKP Research

Ashok Leyland’s Q3 results were strong as volumes grew 80% y-o-y and 6%...

Ashok Leyland back in black with Rs 32.09-crore profit

Commercial vehicle (CV) manufacturer Ashok Leyland (ALL), the flagship company of the Hinduja Group, is back in the black with a profit of...

Ashok Leyland back in black; posts Rs 32 cr profit in Q3

Hinduja group flagship Ashok Leyland today posted a net profit of Rs 32.09 crore for the third quarter ended December 31...

ALL battle-ready with alternative tech

In order to capitalise on the Centre’s ambitious National Electric Mobility Mission Plan’ and to meet changing dynamics in the global...

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