Profile: Ashok Leyland Ltd (ASOK.BO)
ASOK.BO on Bombay Stock Exchange
22 Aug 2014
22 Aug 2014
Price Change (% chg)
Ashok Leyland Limited is engaged in commercial vehicles and related components. The Company offers a range for a variety of applications: long-haul, distribution, construction, and mining. The Company’s Alert is a Global Positioning System (GPS)-based Telematics Services for vehicle tracking and data and voice communication designed for the Fleet Operators, Public Utility Services, Passenger Bus corporations and Operators. The Company provides cashless vehicle insurance benefit, which includes Own Damage (OD) and Third Party (TP) insurance. The Company is a supplier of logistics vehicles to the Indian Army. The Company also offer customized transport solutions on the COLT and SUPER STALLION platforms. In April 2014, the Company announced that Ashley Services Limited a wholly owned subsidiary of the Company merged with Ashok Leyland Limited. In August 2014, the Company completed the sale of residual section of one of residential properties at Chennai.
Ashok Leyland Ltd
No. 1, Sardar Patel Road, Guindy