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New Delhi, Apr 8 (PTI) Interest rate-sensitive realty, auto and bank stocks were in high demand on Wednesday, a day when the Reserve Bank of India kept its key policy rate unchanged, adopting a wait-and-watch stance as policymakers assessed the fallout from the Iran conflict on energy supplies, inflation and growth. A sharp rally in the broader equity market also aided buying in these stocks. Among realty firms, the stock of Lodha Developers surged 8.48 per cent, Prestige Estates Projects jump ...Read More >
New Delhi [India], April 3 (ANI): Wholesale volume prints for the month of March 2026 came in healthy, as passenger vehicle (PV) & Tractor space outperformed. A steady growth trend was witnessed in the two-wheeler (2W) and commercial vehicle (CV) space. "OEM wholesale sales volume for March 2026 came in healthy with PV & Tractors segments outperforming peers," according to an ICICI Direct Research report. It further noted that "FY26 ends on a high note with healthy growth across all vehicle cat ...Read More >
New Delhi: Domestic passenger vehicle sales rose by 16% in March, elevating annual volumes to a record 4.7 million vehicles in the just-ended fiscal year, largely fuelled by enhanced affordability after tax cuts last September and introduction of several new models. Sales of cars, sedans, and utility vehicles rose 8.3% to 4.7 million units in FY26, from 4.34 million units the year before. The Centre cut the goods and services tax (GST) on passenger vehicles with effect from September 22. Compan ...Read More >
Lucknow: Chief Minister Yogi Adityanath on Wednesday morning flagged off 250 environment-friendly electric and CNG vehicles operated on green energy to strengthen waste management by the Lucknow Municipal Corporation. On this occasion, Chief Minister Yogi launched a sharp attack on the opposition, saying that when the people of Uttar Pradesh removed "political garbage" and laid the foundation for change, it resulted in successful cleanliness initiatives under the double-engine government, leadi ...Read More >
New Delhi [India], April 1 (ANI): India's leading automobile manufacturers reported strong sales momentum in March and the fourth quarter of FY2025-26, with companies such as Maruti Suzuki, Hyundai Motor India, Tata Motors, Mahindra & Mahindra, Ashok Leyland and Eicher Motors registering growth across key segments, including SUVs, commercial vehicles and exports. The performance reflects continued demand for passenger vehicles and steady growth in commercial vehicle sales as the financial year ...Read More >
New Delhi [India], April 1 (ANI): India's leading automobile manufacturers reported strong sales momentum in March and the fourth quarter of FY2025-26, with companies such as Maruti Suzuki, Hyundai Motor India, Tata Motors, Mahindra & Mahindra, Ashok Leyland and Eicher Motors registering growth across key segments, including SUVs, commercial vehicles and exports. The performance reflects continued demand for passenger vehicles and steady growth in commercial vehicle sales as the financial year ...Read More >
New Delhi: Commercial vehicle maker Ashok Leyland on Wednesday reported 5 per cent growth in total sales at 25,381 units in March 2026 as compared to 24,060 units in the same month last year. Domestic sales were up 5 per cent at 23,743 units as against 22,510 units in March 2025, Ashok Leyland said in a statement. Also Read: Kia India posts record March sales at 29,112 units; Q1 volumes rise 11.6% Sales of medium and heavy commercial vehicles in the domestic market were at 16,238 units as aga ...Read More >
New Delhi, Apr 1 (PTI) Commercial vehicle maker Ashok Leyland on Wednesday reported 5 per cent growth in total sales at 25,381 units in March 2026 as compared to 24,060 units in the same month last year. Domestic sales were up 5 per cent at 23,743 units as against 22,510 units in March 2025, Ashok Leyland said in a statement. Sales of medium and heavy commercial vehicles in the domestic market were at 16,238 units as against 16,082 units in the year-ago month, a growth of 1 per cent, it added. ...Read More >
New Delhi [India], April 1 (ANI): India's export growth shall remain positive for most OEMs despite a hit on Middle East exports and container availability issues, as per a report by Nuvama Institutional Equities. "We maintain our constructive view on the automobile sector with healthy sales growth prospects for FY26-28E," the report said. The wholesale uptrend is expected to continue in Mar-26 despite production constraints. This momentum is largely driven by enduring positive customer sentim ...Read More >
As per the Memorandum of Understanding (MoU), the bank will provide competitive dealer finance options to the medium and heavy commercial vehicle company dealers, it said in a statement. Commercial vehicle maker Ashok Leyland on Monday said it has inked a pact with Punjab National Bank for dealer finance. As per the Memorandum of Understanding (MoU), the bank will provide competitive dealer finance options to the medium and heavy commercial vehicle company dealers, it said in a statement. The ...Read More >
Chennai, Nov 3 (UNI) CV makers Ashok Leyland, the Indian flagship of the Hinduja Group, signed a Memorandum of Understanding (MoU) with Punjab National Bank (PNB) for dealer financing. Under this partnership, the Bank will provide competitive dealer finance options to the Medium and Heavy Commercial Vehicle (MHCV) dealers of Ashok Leyland. The MoU was signed by K. M. Balaji, Chief Financial Officer, Ashok Leyland, and Amitabh Rai, General Manager, PNB in the presence of senior officials from b ...Read More >
The order includes fully built buses and chassis for town, mofussil, and SETC operations, complying with the latest safety and performance norms. Ashok Leyland, among India's leading commercial vehicle manufacturers and the flagship of the Hinduja Group, on Thursday said that it has secured an order for 1,937 buses from the Tamil Nadu State Transport Undertakings (TNSTU). The company sees the order reinforcing its long-standing partnership with the state and its dominant position in the bus in ...Read More >
New Delhi, Oct 16 (PTI) Commercial vehicle major Ashok Leyland on Thursday said it has bagged an order for 1,937 buses from Tamil Nadu State Transport Undertakings. So far, the company has supplied 21,000 buses to Tamil Nadu State Transport Undertakings (TNSTU). The order includes a diverse mix of fully built and chassis configurations tailored for town, mofussil, and SETC applications, Ashok Leyland said in a statement. Each vehicle is built on the latest AIS 153-compliant chassis platform, ...Read More >
New Delhi : Ashok Leyland, the Indian flagship of the Hinduja Group and the country's leading commercial vehicle manufacturer, today announced that it has commenced the delivery of 24 units of AVTR 55T Electric trucks to M/s ASAT Logistics Pvt Ltd, a prominent player in cement and aggregate movement and the strategic logistics partner for Shree Cement. This milestone reinforces the strategic alliance between Ashok Leyland and ASAT Logistics while highlighting Ashok Leyland's commitment to advanc ...Read More >
New Delhi, Oct 1 (PTI) Commercial vehicle maker Ashok Leyland on Wednesday reported a 9 per cent rise in total sales to 18,813 units in September compared to 17,233 units a year ago. Domestic sales grew 7 per cent to 17,209 units against 16,041 vehicles in September last year, Ashok Leyland said in a statement. Sales of medium and heavy commercial vehicles in the domestic market were at 10,499 units from 10,210 units in the year-ago period, a growth of 3 per cent, it added. Light commercial v ...Read More >
New Delhi [India], September 26 (ANI): Nitin Gadkari, Minister of Road Transport and Highways, Government of India, today announced the launch of India's first hydrogen highways during Day 2 of the inaugural World Hydrogen India, organized by S&P Global Commodity Insights. Virtually addressing a gathering of global industry leaders, policymakers, and energy experts, Gadkari outlined India's vision to achieve self-reliance in fuel and transform agriculture into an energy powerhouse. Highlighting ...Read More >
New Delhi [India], September 26 (ANI): Nitin Gadkari, Minister of Road Transport and Highways, Government of India, today announced the launch of India's first hydrogen highways during Day 2 of the inaugural World Hydrogen India, organized by S&P Global Commodity Insights. Virtually addressing a gathering of global industry leaders, policymakers, and energy experts, Gadkari outlined India's vision to achieve self-reliance in fuel and transform agriculture into an energy powerhouse. Highlighting ...Read More >
Wheels India Ltd. (currently trading at ₹870) is a leading manufacturer of steel wheels, suspension systems, and air suspension products for commercial vehicles, tractors, and off-road equipment. A part of the TVS Group, the company operates manufacturing facilities in Tamil Nadu and Uttar Pradesh, with exports to over 25 countries. Its product portfolio spans forged wheels, aluminum wheels, bogie suspensions, and fabricated components for railways and wind energy. Wheels India is a critical sup ...Read More >
New Delhi, Sep 23 (PTI) Auto stocks ended higher on Tuesday after automakers saw bumper sales on the first day of Navratri under the new GST regime. The sharp spike in bookings for automobiles drove auto stocks higher. Leading carmakers Maruti Suzuki and Hyundai Motor India on Monday saw bumper sales with buyers queuing up to buy their favourite models at lower price tags under the new GST regime. Bucking a muted trend in the broader equity market, shares of Ashok Leyland rallied 3.41 per cen ...Read More >
CHENNAI: Indian stock markets ended the day with strong gains on Tuesday, September 16, 2025. Positive investor sentiment was supported by favorable global cues, optimism around India-US trade talks, and expectations of an interest rate cut by the US Federal Reserve. The BSE Sensex rose by 595 points, or 0.73%, closing at 82,380.69. The NSE Nifty 50 increased by 170 points, or 0.68%, ending at 25,239.10. Midcap and Smallcap indices also gained, up by 0.62% and 0.66% respectively. Among sectors ...Read More >
New Delhi, Sep 15 (UNI) Road Transport and Highways Minister, Nitin Gadkari today said that India has surpassed Japan to become the third-largest automobile market globally, and the government is targeting the number one position within the next five years. "All major global automobile brands are now present in India. Their focus has shifted from merely assembling to exporting vehicles from India to the world," Gadkari was quoted as saying in an official statement here. He unveiled an ambitiou ...Read More >
Mumbai: Ashok Leyland on Thursday reported a sharp sequential drop in its consolidated net profit for the April-June quarter (Q1 FY26), with earnings falling 47.21 per cent to Rs 657.72 crore from Rs 1,245.92 crore in the previous quarter (Q4 FY25). Revenue from operations also declined 20.32 per cent to Rs 11,708.54 crore, compared to Rs 14,695.55 crore in Q4 FY25, according to its stock exchange filing. The company's total income fell in line with revenue to Rs 11,807.2 crore, down from Rs 14 ...Read More >
VMPL New Delhi [India], August 14: Ellenox, India's largest venture studio, is accelerating its global push in enterprise AI development. In the past year, the company has grown its headcount by 50% over the last year, bringing in senior AI talent from Amazon and Google to power its next phase of expansion. Already delivering AI transformation for Fortune 50 leaders in fintech, cloud computing, consumer social, and sports-tech, Ellenox has built systems that replace costly call centers with na ...Read More >
Indian Oil Corporation Ltd (IOC) on Thursday reported a consolidated net profit of ₹6,813.71 crore for the first quarter of the financial year 2025-26 (Q1 FY26), jumping 93.1 per cent year-on-year (Y-o-Y) from ₹3,528.49 crore in Q1 FY25. However, on a sequential basis, the net profit was down by 16.1 per cent from ₹8,123.64 crore in the previous quarter. Oil major's revenue from operations in Q1 FY26 stood at ₹2.2 trillion, marginally higher by 0.9 per cent from ₹2.1 trillion in Q1 FY25. Sequen ...Read More >
Stocktwits - India's automobile market reported a mixed trend in July, with a minor dip in passenger vehicle sales, even as two-wheeler and three-wheeler sales rose. A SEBI-registered analyst noted that while rural demand was sustaining the retail momentum, the threat of rising US tariffs and high dealer inventories could pose a huge hurdle unless the upcoming festive season brings some respite. July Auto Sales: SIAM Data Passenger vehicle wholesales in India declined 0.2% year-on-year to 3,4 ...Read More >
Mumbai, Aug 14 (SocialNews.XYZ) Ashok Leyland on Thursday reported a sharp sequential drop in its consolidated net profit for the April-June quarter (Q1 FY26), with earnings falling 47.21 per cent to Rs 657.72 crore from Rs 1,245.92 crore in the previous quarter (Q4 FY25). Revenue from operations also declined 20.32 per cent to Rs 11,708.54 crore, compared to Rs 14,695.55 crore in Q4 FY25, according to its stock exchange filing. The company's total income fell in line with revenue to Rs 11,807 ...Read More >
Ashok Leyland will follow a proactive approach to navigate emerging global and industry trends including electrification and supply chain challenges as it remains in hunt to be among the world's leading commercial vehicle manufacturers, according to Chairman Dheeraj G Hinduja. In his address to shareholders in the company's Annual Report for 2024-25, he noted that the commercial vehicle and mobility sectors are undergoing profound transformation. Electrification is accelerating, even as altern ...Read More >
NEW DELHI: The Nifty Auto index traded negative around 10:53AM(IST)on Friday in a weak market. Balkrishna Industries Ltd.(up 0.17 per cent), Bajaj Auto Ltd.(up 0.16 per cent), Tata Motors Ltd.(up 0.11 per cent) and Tube Investments of India Ltd.(up 0.01 per cent) were among the top gainers. Samvardhana Motherson International Ltd.(down 0.9 per cent), Ashok Leyland Ltd.(down 0.89 per cent), MRF Ltd.(down 0.87 per cent), Hero MotoCorp Ltd.(down 0.64 per cent) and Exide Industries Ltd.(down 0.41 ...Read More >
Amaravati: Andhra Pradesh IT and Human Resources Development Minister Nara Lokesh on Friday hailed the successful implementation of the state-wide 'Mega Parent-Teacher Meeting (PTM) 2.0' programme. Expressing gratitude to all stakeholders, he credited the collective efforts of government and private schools, colleges, education officials, staff, headmasters, teachers, students, parents, donors, alumni, public representatives, and officers from various departments for making the event a success. ...Read More >
New Delhi, Jul 11: Under the visionary leadership of Prime Minister Narendra Modi and the guidance of Union Minister for Heavy Industries & Steel, H.D. Kumaraswamy, the Ministry of Heavy Industries (MHI), Government of India, has announced a pioneering scheme to provide financial incentives for electric trucks (e-trucks) under the PM E-DRIVE initiative. This marks the first time the Indian government is extending direct support specifically for electric trucks, aiming to accelerate the country's ...Read More >
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