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The latest update is out from Ashok Leyland Limited ( (IN:ASHOKLEY) ).
Ashok Leyland reported strong sales momentum in January 2026, with total domestic vehicle sales rising 31% year-on-year to 20,079 units, driven by robust growth in M&HCV trucks (up 45%) and LCVs (up 33%), while domestic bus volumes declined 27%. Including exports, overall vehicle sales increased 27% to 21,920 units for the month, and cumulative sales for the fiscal year to date rose 13% to 172,899 units, indicating solid demand across key product segments and reinforcing the company’s position in the commercial vehicle market despite ongoing softness in the bus segment.
More about Ashok Leyland Limited
Ashok Leyland Limited is a leading Indian commercial vehicle manufacturer, operating primarily in the medium and heavy commercial vehicle (M&HCV) and light commercial vehicle (LCV) segments. The company supplies trucks and buses for domestic and export markets, serving freight, passenger, and logistics demand across India and select international geographies.
Average Trading Volume: 1,060,891
Technical Sentiment Signal: Buy
Current Market Cap: 1155.7B INR
For detailed information about ASHOKLEY stock, go to TipRanks’ Stock Analysis page.