Ashok Leyland Ltd

Ashok Leyland Ltd is a 76-year-old automobile company managed by Mr. Dheeraj G. Hinduja (Executive Chairman), and Mr. Shenu Agarwal (MD & CEO), and their parent company is Hinduja Group and employs around 9,600 people. Their products are Trucks, Buses, Light vehicles, Defense vehicles, Power solutions, etc. Ashok Leyland launched its IPO in 2002 at Rs 5.01 and has shown nearly 198.90% growth in the last 5 years. However, their revenue is 45,931 crore, and their net profit is 2,696 crore for FY 2023-24.