In March’17, most OEMs including Royal Enfield, Ashok Leyland and M&M (FES) reported better than expected numbers while Tata Motors CV and M&M PV posted a muted performance. We believe the impact of demonetization on […]
Chennai, May 25, 2017: Ashok Leyland, flagship of the Hinduja Group closed FY 17 with record revenues of 21,332 Cr and registered a 214 % jump in Net Profits. It posted a 11% EBITDA margin […]