The shares of Ashok Leyland hiked on winning the order from Senegal to supply around 400 minibusses valuing around Euro 10.06 million. The order is from Senbus Industries which is well-known for assembling urban buses in Dakar. The company has signed a big contract for manufacturing and delivering 400 units of Eagle 916 Minibuses from Ashok Leyland.

Arijit Chowdhury – Vice President of Project 81 Defence sales & International Operations of Ashok Leyland said “This supply will be an initial phase to connect remote areas of Senegal to cities & promote sustainable mobility” He further added, “This will empower private transport sectors in Senegal”.

Owned by Hinduja Group, Ashok Leyland is a popular Indian automobile company and having a headquarter in Chennai, India. Founded in 1948, Ashok Leyland is the 2nd largest commercial vehicle manufacturer in India & 4th largest bus manufacturer in the world.

At 04:00 PM, May 16, 2019, the price of a share was quoting INR 82.80 up INR 0.90 or 1.10% on BSE.