Ashok Leyland sales up 90% in September 2010

by khalid on 06/10/2010 · 0 comments

Ashok Leyland Ltd. is a Hinduja Group flagship company manufacturing commercial vehicles . The company is India’s second biggest truck-maker. The company reported a 90.22% jump in commercial vehicle sales at 10,363 units in September 2010 against 54,48 units sold in the same month of 2009.

India’s well known company Ashok Leyland Ltd.`s domestic sales too increased 99.08% and stood at 9,474 units in September 2010 against 4,759 units in the same month last year 2009. Exports too increased by 33.02% to 850 units in September 2010 compared with 639 units in the year-ago similar month.

Expansion in India’s economy, Asia’s third-largest, is driving demand for trucks, cars and other automotive products.

Share’s Data :
BSE Code : 500477
Mkt. Cap: Rs 10,176.80 Crores
Ashok Leyland Ltd. share’s CMP is Rs 76.50 on 5th Sep 2010

Source :- BelltheBull

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