Ashok Leyland Limited — New Orders, 19-02-2025: Bagging/Receiving of orders/contracts

Ashok Leyland has secured an order from Tamil Nadu State Transport Corporation for the supply of 320 BS VI Diesel Fuel Type 12-meter low floor fully built buses. This contract, valued at approximately ₹297.85 Crore, involves the delivery of advanced buses equipped with iGen 6 BS VI technology and a powerful H-Series engine rated at 184 kW (246 hp), featuring front and rear air suspension. The buses are intended for city operations and are scheduled for delivery between June and August 2025. This development presents a positive outlook for the company's revenue growth, reinforcing its position in the bus manufacturing sector. Investors should watch closely as the successful execution of this contract could enhance market confidence and contribute to future projects.