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Ashok Leyland
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what next
Posted by :
pagal hui maiTracked by: 1 Boarder
dear investores,
ashok leyland has broked the leval of 27.50 now it will go down or not.
pagal hui mai
5/10/08...
J V with NISSAN-at TN-49:51%
Posted by :
rvk41Tracked by: 0 Boarder
Hinduja Group’s flagship company Ashok Leyland has zeroed in on Tamil Nadu for setting up a USD 500 million manufacturing plant for light commercial vehicles.
“We have zeroed in on a site in Tamil Nadu for setting up the manufacturing plant for light commercial vehicles,” a top company official told PTI.
The company has a tie-up with Japanese company Nissan for setting up the plant. In October, both the players signed a Master Cooperation Agreement for formation of three joint venture companies supporting the LCV business.
“As of now Ashok Leyland and Nissan have agreed for a site in Tamil Nadu,” the official said on condition of anonymity.
“The plant would have a production capacity of 1 lakh units per year to begin with. Eventually, it would be scaled Upton 2 lakh,” the official said.
In the vehicle manufacturing company, Ashok Leyland would have 51 per cent share and the rest would be held by Nissan. Production at the Tamil Nadu unit is expected to begin in 2010 and would include the new generation Nissan light-duty truck.
The LCV includes 1.2 tonner to take on competition from Tata’s popular ‘Ace´.
The company proposes to manufacture 2 tonner and 3 tonner LCVs, besides 6-8 tonner vehicles in the new plant.
Both the partners would also set up a powertrain manufacturing firm that would make and assemble engines and drive-train components to be fitted in LCV products for both the domestic and export markets.
In the powertrain manufacturing company, Nissan would have 51 % share and Ashok leyland 49 %.
For information,with regards
rvk41...
Ashok Leyland,
Posted by : zoombusinessTracked by: 0 Boarder
Ashok Leyland, the flagship of the Hinduja Group has entered into a 50:50 joint venture with the US-based John Deere, the world\'s largest manufacturer of construction and engineering equipment maker.
This two companies will make and market construction equipment and the joint venture expects to commence production by early 2010 with an initial roll out of backhoes and four-wheel-drive loaders.
G N India courtesy
...
J V with JOHN DEERE-Construction Eqipment
Posted by : GuestTracked by: 0 Boarder
Its a good stock only after 2010. In my own experience joint venture generally pull stock price down ,In short ,the reason is company need money ,expenditure goes very high that’s affect the profit.
look at the cipla expansion plan n there expenditure n their profits for last two years.
...
In reply to:
J V with JOHN DEERE-Construction Eqipment
Posted by : rvk41
Ashok Leyland has signed an agreement for a joint venture (JV) with John Deere, for manufacturing and marketing of construction equipment.
The JV seeks to commence production by early 2010 and will initially roll out Backhoes and Four-wheel-drive Loaders.
The range will subsequently be expanded to include a full line of construction equipment. Beyond India, the largest backhoe market in the world in 2007, the products will be exported to both Ashok Leyland and John Deere markets, the company said in a release.
The 50:50 JV will bring together Ashok Leyland`s expertise in the automotive sector, their marketing and distribution strength and John Deere`s technical know-how and vast experience in the business of construction equipment.
John Deere is the world`s largest manufacturer of equipment for agriculture and forestry and a major equipment supplier for construction and lawn and turf care.
The JV will build a manufacturing facility in India and is currently evaluating site locations, the company added.
R Seshasayee, managing director, Ashok Leyland, said, ``With this JV, we realise our foray into a new and adjacent vertical as part of Ashok Leyland`s diversification plans. We see huge synergies between this business and our existing one of commercial vehicles, in terms of aggregates, parts and distribution network. We are happy that in John Deere, we have a technology leader with an impressive portfolio of proven and popular products, to partner us in this venture.``
For information,with regards
rvk41 
J V with JOHN DEERE-Construction Eqipment
Posted by : rvk41Tracked by: 0 Boarder
Ashok Leyland has signed an agreement for a joint venture (JV) with John Deere, for manufacturing and marketing of construction equipment.
The JV seeks to commence production by early 2010 and will initially roll out Backhoes and Four-wheel-drive Loaders.
The range will subsequently be expanded to include a full line of construction equipment. Beyond India, the largest backhoe market in the world in 2007, the products will be exported to both Ashok Leyland and John Deere markets, the company said in a release.
The 50:50 JV will bring together Ashok Leyland`s expertise in the automotive sector, their marketing and distribution strength and John Deere`s technical know-how and vast experience in the business of construction equipment.
John Deere is the world`s largest manufacturer of equipment for agriculture and forestry and a major equipment supplier for construction and lawn and turf care.
The JV will build a manufacturing facility in India and is currently evaluating site locations, the company added.
R Seshasayee, managing director, Ashok Leyland, said, ``With this JV, we realise our foray into a new and adjacent vertical as part of Ashok Leyland`s diversification plans. We see huge synergies between this business and our existing one of commercial vehicles, in terms of aggregates, parts and distribution network. We are happy that in John Deere, we have a technology leader with an impressive portfolio of proven and popular products, to partner us in this venture.``
For information,with regards
rvk41...
BSE Announcements on Ashok Leyland
Posted by : MMB MessengerTracked by: 0 Boarder
Ashok Leyland Ltd has informed BSE regarding a Press Release dated September 30, 2008 titled "Ashok Leyland JV with John Deere"...
NSE Announcements on Ashok Leyland
Posted by : MMB MessengerTracked by: 0 Boarder
Ashok Leyland Ltd has informed the Exchange that the Company has entered into an Agreement for a 50:50 Joint Venture with John Deere, USA for manufacture and marketing of Construction Equipments. This is subject to required corporate / regulatory approvals. Further, the Company has submitted to the Exchange a copy of a press release dated September 30, 2008, titled "Ashok Leyland JV with John Deere - To enter the construction equipment business; Production to commence by 2010". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
Ashok Leyland to explore setting up tipper body plant in Goa
Posted by : GuestTracked by: 1 Boarder
Very soon it will be seen(in 3-4 days)at Rs.35-38 so hurry up and buy this stock and get more profit because of many reasons like crude price low (100),fundamental is very strong and company gives dividend at the rate of 150 percent and many other reasons....
In reply to:
Ashok Leyland to explore setting up tipper body plant in Goa
Posted by :
JKpaper
looks like someone is stuck big time in ashok leyland...i am tracking this stock for 2 years now...and even in the height of bull run (dec 2007) we didnt see 70. so guys dont get carried away....should be happy if u see 35/40
Ashok Leyland to explore setting up tipper body plant in Goa
Posted by : JKpaperTracked by: 1 Boarder
looks like someone is stuck big time in ashok leyland...i am tracking this stock for 2 years now...and even in the height of bull run (dec 2007) we didnt see 70. so guys dont get carried away....should be happy if u see 35/40...
In reply to:
Ashok Leyland to explore setting up tipper body plant in Goa
Posted by : chetancontrol
will touch 70Rs. very soon
Ashok Leyland to explore setting up tipper body plant in Goa
Posted by : pagal hui maiTracked by: 1 Boarder
dear,
how can u say it'll go 70 in 4 month.any reson...
In reply to:
Ashok Leyland to explore setting up tipper body plant in Goa
Posted by : chetancontrol
Buy with target of 70Rs. in 4 months
Ashok Leyland to explore setting up tipper body plant in Goa
Posted by : chetancontrolTracked by: 1 Boarder
will touch 70Rs. very soon...
In reply to:
Ashok Leyland to explore setting up tipper body plant in Goa
Posted by : 9975797577
Ashok Leyland to explore setting up tipper body plant in Goa
Ashok Leyland to explore setting up tipper body plant in Goa
Posted by : chetancontrolTracked by: 1 Boarder
Buy with target of 70Rs. in 4 months...
In reply to:
Ashok Leyland to explore setting up tipper body plant in Goa
Posted by : Mozzart
AL is a sure shot buy!!!!!!! No doubt this will go to 35 level very soon ...... acculumate
Ashok Leyland to explore setting up tipper body plant in Goa
Posted by : MozzartTracked by: 1 Boarder
AL is a sure shot buy!!!!!!! No doubt this will go to 35 level very soon ...... acculumate...
In reply to:
Ashok Leyland to explore setting up tipper body plant in Goa
Posted by : pagal hui mai
sir,
can u tell me is this the right price to buy ashok leyland.
Ashok Leyland to explore setting up tipper body plant in Goa
Posted by : pagal hui maiTracked by: 1 Boarder
sir,
can u tell me is this the right price to buy ashok leyland....
In reply to:
Ashok Leyland to explore setting up tipper body plant in Goa
Posted by : 9975797577
Ashok Leyland to explore setting up tipper body plant in Goa
Ashok Leyland to explore setting up tipper body plant in Goa
Posted by : 9975797577Tracked by: 1 Boarder
Ashok Leyland to explore setting up tipper body plant in Goa...
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