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Ashok Leyland reports 22% YoY drop in November 2019 sales

Posted On: 2019-12-02 11:19:40

Ashok Leyland Limited has reported sales figures for the month of November 2019. The company has reported 22% drop in sales during November 2019 at 10175 units as against 13119 units in November 2018. Domestic sales dropped 25% YoY in November 2019 to 9377 units as compared to 12570 units in November 2018.

Total LCV sales was down 4% YoY at 4209 units in November 2019 as against 4403 units in November 2018. Domestic LCV sales dropped 6% YoY to 4056 units, as compared to 4310 units in November 2018.

M&HCV sales dropped 67% YoY to 4744 units in November 2019, as against 14233 units in November 2018. M&HCV bus sales was down 17% YoY to 1401 units in November 2019 as compared to 1680 units in November 2018. M&HCV Trucks sales was down 73% YoY at 3343 units, as against 12553 units in November 2018.

Total M&HCV sales was down 32% YoY at 5966 units in November 2019, as against 8716 units in November 2018. Total Domestic M&HCV sales was down 36% YoY at 5321 units, as compared to 8260 units in November 2018.

Total M&HCV bus sales was up 211% at 2290 units in November 2019, compared to 736 units in November 2018. The Domestic sales of M&HCV bus jumped 196% to 1874 units as against 633 units in November 2018.

Total M&HCV Trucks sales was down 54% at 3676 units in November 2019, as against 7980 units in November 2018. The domestic sales of M&HCV Trucks dropped 55% to 3447 units in November 2019, as compared to 7627 units in November 2018.

Shares of ASHOK LEYLAND LTD. was last trading in BSE at Rs.79.1 as compared to the previous close of Rs. 81.45. The total number of shares traded during the day was 1535854 in over 5373 trades.

The stock hit an intraday high of Rs. 82 and intraday low of 78.25. The net turnover during the day was Rs. 123029587.


Source: Equity Bulls

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