Ashok Leyland gains on order win for 400 minibuses from Senegal

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Shares of Ashok Leyland gained on the back of order win from Senegal to supply minibuses valuing Euro 10.06 million.

This order comes from Senbus Industries, a company assembling urban buses in Dakar.

The company has signed a contract for supplying 400 units of Ashok Leyland Eagle 916 Minibuses valuing Euro 10.06Mn. This order comes after the successful operation of 475 buses to Senegal's Dakar Dem Dikk, as per BSE filing.

Arijit Dutta Chowdhury, Vice President - Project 81 Defence Sales, International Operations, Ashok Leyland, said, " This order will be a starting phase to connect rural remote areas of Senegal to urban cities and to promote sustainable mobility. This will further empower the private transport sector in Senegal under AFTU."

At 10:25 hrs Ashok Leyland was quoting at Rs 82.50, up Rs 0.60, or 0.73 percent on the BSE.For more market news, click here