Ashok Leyland Ltd.

NSE: ASHOKLEY | BSE: 500477 | ISIN: INE208A01029 | Industry: Commercial Vehicles
| Mid-range Performer
121.9700 -0.63 (-0.51%)
NSE Aug 05, 2025 15:31 PM
Volume: 5.8M
 

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Ashok Leyland Ltd.
16 Jul 2018
121.97
-0.51%
Motilal Oswal
16 July 2018 According to media articles, the government is set to hike the load carrying capacity for M&HCV; trucks and tractor trailers by up to 25%. The government is likely to increase the gross vehicle weight (GVW) from 16.2 to 19 tons for a two-axle truck, from 25 to 28.5 tons for a three-axle truck, from 37 to 43.5 tons for a five-axle truck and from 44 to 49 tons for a tractor trailer with five axles. The new norms could improve the profitability of transporters, as the load increase will facilitate higher GVW, and thus, higher loading capability. In intra-state transportation, where overloading is already prevalent, CV demand would not be materially impacted by the hike in load carrying capacity. Thus, the new norms could have a negative impact on CV demand as the increase in vehicle load capacity will enhance truckload efficiencies.
Ashok Leyland Ltd. is trading above its 200 day SMA of 112.4
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