Ashok Leyland FY 09 1Q Performance at FinGad.com

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Categorie: Equities
Submitted about 1 year ago by

Narasimhan , Owner at Krish Systems

Ashok Leyland, a company formed in 1949, is truly a venture inspired by the urge for self-reliance, felt by independent India. Ashok Motors was set up in what was then Madras, for the assembly of Austin Cars. The Company went for collaboration with British Leyland, with equity participation, and commenced manufacture of commercial vehicles in 1955. Since then Ashok Leyland has been a major presence in India's commercial vehicle industry. In the populous Indian metros, four out of the five State Transport Undertaking (STU) buses come from Ashok Leyland. Some of them like the double-decker and vestibule buses are unique models from Ashok Leyland, tailor-made for high-density routes. In 1987, the overs... More...

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