Download Unicorn Signals App

Powered By EquityPandit
 Signals, Powered By  EquityPandit
Latest News

Ashok Leyland gets Rs.100 crore govt order for 10×10 vehicles

Ashok Leyland secures an order from the government for 10×10 vehicles, to carry Smerch Rockets.

The company stated, “…has won another critical order from the Ministry of Defense (MOD). The contract is for supplying Ashok Leyland’s High Mobility 10×10 vehicles (HMV 10×10).” The initial order is worth over Rs.100 crore.

Furthermore, Amandeep Singh, Head Defense, Ashok Leyland, said, “We have won 12 of the 15 tenders we participated in last year, and this is a crucial win for us. This will pave Ashok Leyland’s way for newer opportunities in providing mobility platforms for other missile carriers, missile launchers, modular bridges and other critical loads.”

Read EquityPandit’s Technical Analysis of Nifty Auto

Get Daily Prediction & Stocks Tips On Your Mobile