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GOPAL MAHADEVAN
Hinduism way of life, not mandatory to go to temple to prove belief: SCThe Supreme Court observed Hinduism as a 'way of life,' stating that temple visits or rituals aren't mandatory to remain Hindu. Even lighti...- Buy Ashok Leyland, target price Rs 255: Motilal Oswal Financial ServicesMotilal Oswal sets a target price of Rs 255 for Ashok Leyland stock. The current market price is Rs 232.9. Ashok Leyland reported a total i...
- Ashok Leyland, South Indian Bank ink pact for dealer financing"We are extremely happy to partner with Ashok Leyland Ltd. Through our varied financial solutions, our goal is to offer convenient and comp...
- We expect margins to grow further in the fourth quarter: Gopal Mahadevan, Ashok LeylandWe have been raising net prices over the last three quarters. We have done that in the month of January as well and we will keep doing that...
- Ashok Leyland expects commercial vehicle industry to grow at fast pace in coming quarters"I believe so because the pandemic and some of the uncertainties that were there globally are now all behind us. There is no reason why the...
- Ashok Leyland working on commercial vehicles powered by hydrogen: Official"We are working very closely on hydrogen-powered CVs (commercial vehicles) At this point of time, we do not want to talk more about it. We ...
- Key to growth is opening up of the economy: Gopal Mahadevan"As far as FY22 growth is concerned, a lot is going to depend on the opening up of the lockdown."
- Ashok Leyland to set up ‘mother EV’ plant in India under UK-subsidiary SwitchSwitch UK will set up an Indian entity which in turn will put up the plant. The company’s entire electric vehicle business will move to Swi...
- Expect better commercial vehicle volumes in remaining part of FY21: Ashok Leyland"In the first quarter, we came across a one of its kind situation, everything was shut. As things have started to open up, we have seen thi...
- Vigilant on capex spending, Rs 500 crore remaining: Ashok LeylandThe flagship company of the Hinduja Group said it has about Rs 500 crore remaining of the corpus which will be invested in product range, c...
- Ashok Leyland eyes top 10 CV slot with organisational rejigCompany forms position of two COOs to clearly define roles for ‘core business’ and ‘growth business’
- Axle load norms may create short term impact but will reset in August: Gopal Mahadevan, Ashok LeylandMahadevan said the move could also increase demand for the company's higher tonnage tippers in the coming months.
- Ashok Leyland Q4 profit jumps 40% to Rs 667 croreThe company had reported a net profit of Rs 476.16 crore for the same period of the previous fiscal.
- Ashok Leyland likely to see another 10% growth in coming year: Gopal MahadevanIt has been a good year for the Indian M&HCV industry.
- Expecting defence space foray to give us $0.5 bn-$1 bn in revenue: Gopal Mahadevan"We are very positive about LCV biz, have a growth plan for 3-5 years, says the Ashok Leyland CFO."
- Discounting per vehicle in Q3 was quite high at Rs 3 lakh per unit: Gopal Mahadevan, Ashok LeylandThe discounting used to be in the range of about 2.25 lakhs to about 2.5 lakhs and these are very broad averages that I am sharing with you.
- Do not see any margin pressure at the moment from where we are in Q1: Gopal Mahadevan, Ashok Leyland"I think we are optimistic that the volume growth would happen in the second half."
- Fourth quarter has been exceptionally good for us: Gopal Mahadevan, CFO, Ashok Leyland"We have continued to gain market share even as the volumes for the industry were growing at about 30 per cent," he said.
- Solid volumes may help Ashok Leyland stock maintain momentumThe stock has gained with the company’s sales volumes growing at double the industry average, thanks to growth in truck volumes in the medi...
- Ashok Leyland to have no major capex spend for 3-5 yearsThe company, which has been posting losses over the last few quarters, has been trying to bring down its costs and improve efficiencies.
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