Ashok Leyland’s July sales rise by 14% on year-on-year basis
DSIJ Intelligence / 01 Aug 2017
Announcing its sales figures for July, automotive major Ashok Leyland has revealed that the total sales have been up by 14% at 11,981 units on a YoY basis.
Announcing its sales figures for July, automotive major Ashok Leyland has revealed that the total sales have been up by 14% at 11,981 units on a YoY basis.
The company’s light commercial vehicles (LCV) segment witnessed increase in sales by 28% at 2,955 units in July 2017 as compared to 2,310 units in the same period last year. Sales of medium and heavy commercial vehicles (M&HCV) were up by 10% at 9,026 units in July 2017 as compared to 8,182 units on a YoY basis.
Meanwhile, the BSE Auto index was trading at 24,775 level, up by 312 points or 1.28%. Maruti Suzuki was the top gainer, trading at Rs 7,885 per share, up by 2.3%.
At the start of the month, automobile sector companies have started announcing their sales figures for the month of July. Auto stocks have been gaining in Tuesday’s trading session. In the BSE Auto index, all the constituents have been trading in the positive territory.
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