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Analyst questions

Raghunandhan N. L.

Nuvama Asset Management
ASHOKLEY

Ashok Leyland Limited

All company calls
Ashok Leyland Limited
14 Aug 2026
Open call
  1. Sir, there has been a very strong growth from June, and the recovery has continued to July and, as you said, to August. What are the drivers here? Is it better freight availability, infrastructure spending, replacement demand? And how is the demand from large, medium, small operators?

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  2. On the replacement demand side, trying to get a little more thought. Fleet age being high at 10 years is one of the drivers of replacement demand. How much should be the ideal average fleet age based on...

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