What are the future plans of Ashok Leyland?
These vehicles will be manufactured in India and sold under the Switch brand. The group has plans to invest $150-200 million in the EV space in the next few years. Ashok Leyland said on Wednesday it has invested around $136 million in Switch Mobility and expects the new entity to raise its own capital in the future.
What is the price of Ashok Leyland Stile?
Ashok Leyland Stile LX 8 STR Key Specifications
| Price | ₹ 8.39 Lakh |
|---|---|
| Engine | 1461 cc |
| Transmission | Manual |
| Fuel Type | Diesel |
| Seating Capacity | 8 Seater |
Is Ashok Leyland Indian company?
Ashok Leyland is an Indian multinational automotive manufacturer, headquartered in Chennai. It is owned by the Hinduja Group. It was founded in 1948 as Ashok Motors and became Ashok Leyland in the year 1955. In 2019, the company was awarded the AON Best Employers for India award.
Is Ashok Leyland working on EV?
NEW DELHI: Facing stiff competition, Hinduja Group flagship company Ashok Leyland (AL) is expanding its presence in the alternative fuel segment. The company said it has aggressive plans for its EV business and that it is in talks with investors to raise funds for its electric vehicle (EV) arm.
What is debt of Ashok Leyland?
“The company brought down its net debt by ₹1,200 crore to ₹3,076 crore. Debt equity has reduced from 0.6 times at the end of June ’20 to 0.5 times as of end of Sept ’20,” said Gopal Mahadevan, wholetime director and CFO, Ashok Leyland. ALL had a net debt of ₹2,000 crore during March 2020.
What is the cost of Ashok Leyland Dost?
Ashok Leyland Dost Strong Pickup Truck, Payload – 1250 kg, Price from Rs. 534000/unit onwards, specification and features.
Does Ashok Leyland give dividend?
The company has a good dividend track report and has consistently declared dividends for the last 5 years….Ashok Leyland Ltd.
| Announcement Date | 26-05-2017 |
|---|---|
| Ex-Date | 11-07-2017 |
| Dividend (%) | 156 |
| Dividend (Rs) | 1.56 |
| Remarks | Rs.1.5600 per share(156%)Dividend |
Which is the largest truck in India?
Tata Motors, India’s leading commercial vehicles manufacturer, today announced the launch of Signa 4825.TK – India’s very first 47.5-tonne multi-axle tipper truck for surface transport of coal and construction aggregates.