Ashok Leyland Q3 today

Ashok Leyland is in a bear market. It halved in the last 12 months and this time we are expecting a weak quarter on all parameters because volumes have been quite weak for the company, in fact this quarter the total volume fall by 6 percent year-on-year (YoY), almost 16 percent on a quarter-on-quarter (QoQ) basis because there was a sharp fall seen in medium and heavy commercial volumes which fell almost 17 percent on a YoY basis.