Shares of Ashok Leyland increased in commercial market
Shares of Ashok Leyland increased in commercial market
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Ashok Leyland, one of the leading commercial vehicle manufacturers in India, has secured 34.7% Q 1 market share. The company got revenues of Rs. 4514. 39 crores for the first quarter ended June 30, 2017

Ashok Leyland started raising market share in April 2017 when the company was inspired by the success of its IEGR technology for the BS IV engine. IEGR technology was well accepted by the customers and once again Ashok Leyland's technology capabilities have been demonstrated.

The company has secured its best Q1 market share on the high-speed new drive, which is highly qualified. On this success of Ashok Leyland, the company's managing director Vinod K. Dasari said that this has been a very satisfying quarter. Despite all the challenges, our strong market share is an example of the technical leadership of Ashok Leyland.

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