Support and Resistance Levels
Past performance
About Ashok Leyland Ltd Ashok Leyland Ltd., a flagship of the Hinduja Group, is a leading manufacturer of commercial vehicles, engines for industrial and marine applications, and special vehicles for defense. Established in 1948 and headquartered in Chennai, India, the company boasts a global manufacturing presence with nine plants, including locations in Great Britain and the UAE. Its diverse product range includes buses, trucks, and diesel engines, catering to various sectors such as transportation, construction, and defense. Key historical milestones include pioneering India's first rear-engine bus and launching the country's first CNG-powered bus.
The company has strategic joint ventures with firms like John Deere, Continental AG, and Hino Motors, enhancing its technological and market capabilities. Ashok Leyland has expanded its footprint by acquiring stakes in companies like Optare plc and Hinduja Tech, and developing innovative solutions for electric vehicles and alternate fuels. With a strong focus on innovation and market expansion, Ashok Leyland continues to strengthen its presence across India and international markets, supported by a comprehensive network of over 1500 touchpoints.