Twitter

Facebook

Youtube

RSS

Hindi News | Samay | UP/Uttarakhand | MP/Chhattisgarh | Bihar/Jharkhand | Rajasthan | Aalami Samay
  Rashtriya Sahara Roznama Sahara
Ashok Leyland reports 40% decline in vehicle sales
Last Updated : 03 Feb 2020 03:17:09 PM IST
Ashok Leyland
Ashok Leyland

 

India's second-largest commercial vehicle (CV) manufacturer, Ashok Leyland on Monday reported 39.9 per cent decline in total sales at 11,850 units in January. Commercial Vehicle sales is often considered to be a proxy for the industrial growth in the country.

Ashok Leyland had sold 19,741 units in comparable period last year according to its regulatory filing. The Chennai-based company said its total domestic vehicle sales stood at 10,850 units in January against 18,533 units in the same month a year ago, logging a 41.4 per cent decline.
 
In the medium and heavy commercial vehicles (M&HCV) segment the sales in the domestic market fell by 49.1 per cent at 6,949 units in January this year, against 13,663 units in January last year.
 
Light commercial vehicle sales last month stood at 3,901 units as compared to 4,870 units in January 2019, down 19.8 per cent.
 
Shares of Ashok Leyland were trading at Rs 76.95 a piece on BSE, down 0.06 per cent from the previous close.
 



IANS
Mumbai
For Latest Updates Please-

Join us on

Follow us on


What binds the two most talked about nations - India and Pakistan together? What makes the

Bollywood actress Sonakshi Sinha is enjoying her marital bliss. On Monday, the actress too

LG Electronics Inc said on Wednesday that it will introduce new C with its artificial inte

 

Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live

172.31.16.186