Ashok Leyland Ltd. is a commercial vehicle manufacturer. The company is the flagship of the Hinduja Group. Ashok Leyland was established in September 1948 and it is –
– the 2nd largest manufacturer of MHCVs (Medium & Heavy Commercial Vehicles) in India with 27% market share (as on Sept 2015)
– the 4th largest manufacturer of buses in the world and
– the 16th largest manufacturer of trucks globally.
The company also supplies logistics vehicles to the Indian Army.
About Hinduja Group
The Group was founded by Shri P.D. Hinduja in 1914 whose credo was “Mydharma (duty) is to work, so I can give.” The Group owns businesses in Automotive, Information Technology, Media, Entertainment & Communications, Banking & Finance Services, Infrastructure Project Development, Oil and Gas, Power, Real Estate, Trading and Healthcare.
Stock Information
Ashok Leyland is one of the constituents of Nifty Junior Index (Or Nifty Next 50 Index).
NSE Symbol : ASHOKLEY
BSE Code : 500477
ISIN : INE021A01026
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