Category: Ashok Leyland

Global Double-decker Bus Market 2019 – Daimler, MAN, Solaris Bus Coach, Volvo, Ashok Leyland, BYD

Source: The given report is an excellent research study specially compiled to provide latest insights into critical aspects of the Global Double-decker Bus Market by INNOVATE INSIGHTS. The worldwide market for Double-decker Bus is expected to grow at a CAGR of roughly over the next five years, will reach million US$ in 2024, from million US$

Govt’s capex plans likely to get renewed push from RBI windfall

Source: An additional windfall of Rs 58,000 crore from the Reserve Bank of India (RBI) over and above the budgeted estimate may prompt the government to increase capital expenditure (capex). Companies including ACE Construction, Ashok LeylandNSE -1.50 %, Escorts, L&T, Sandhar Technologies and Tata MotorsNSE -1.76 % are dependent on the government’s capital expenditure

Market Headstart: Nifty likely to open flat; Ashok Leyland, Bank of India top sell ideas

Source: The Nifty50 is expected to open flat-to-lower on Friday tracking Asian markets which were trading mixed ahead of the Federal Reserve Chair Jerome Powell’s speech in Jackson Hole, Wyoming, for clues on the central bank’s monetary policy. US stocks ended mostly higher on Thursday. The Dow Jones Industrial Average rose 49.51 points to

Stock corner: ‘Buy’ Ashok Leyland, revenue growth was strong in FY19

Source: Ashok Leyland reported strong revenue growth in FY2019 led by strong volume growth in the domestic M&HCV and LCV markets. However, Ebitda margin declined due to intense competition and high discounting. The company generated negative free cash flow due to high working capital requirements. However, we expect the MHCV industry to grow at

Auto shares skid on weak June sales

Source: Shares of nine auto companies fell by 0.27% to 3.41% at 12:45 IST on the BSE after industry lobby SIAM reported a decline in vehicles sales across all categories in June 2019. Meanwhile, the S&P BSE Sensex was down by 216.88 points, or 0.56% to 38,513.94. The BSE S&P Auto index was down