Ashok Leyland sales drop 12% in December
Ashok Leyland sales drop 12% in December
Commercial vehicles major, Ashok Leyland announced a 12% drop in December sales on Monday.
The company’s total sale volume declined from 12,154 units in 2015 to 10,731 this year.
Its medium and heavy commercial vehicle (M&HCV) sales volume dropped 9% from 9,703 units in December 2015 to 8,782 units.
The company’s data showed that its light commercial vehicle sales took a hit in December falling 12% to 1,949 units from 2,451 units in December 2015.
Shares of Ashok Leyland dropped marginally from Rs 81 to Rs 80.70 per share on BSE Sensex intraday.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.