DSIJ Mindshare

Ashok Leyland shines on delivering first light bulletproof vehicle to Indian Air Force
Abhinav Lahoti
/ Categories: Trending, Mindshare, DSIJ News

Ashok Leyland shines on delivering first light bulletproof vehicle to Indian Air Force

The largest supplier of logistics vehicles to the Indian Army and the flagship company of Hinduja Group, Ashok Leyland has strengthened its armoured vehicle platform by delivering its first ‘light bulletproof vehicle’ (LBPV) to the Indian Air Force.  

The company collaborated with Lockheed Martin Corporation for the making of this vehicle and delivered it on April 13. LBPV is an adopted version of LM’s common vehicle next gen (CVNG). The vehicle is completely indigenised and developed in India.  

There are multiple reasons that make this vehicle ideal for a host of military applications. One of them is the vehicle’s high off-road mobility in mud, sand, rocks & shallow water. The vehicle also has a high payload fraction. It has an outstanding ride quality, coupled with low occupant-absorber power. Apart from this, it offers superior protection and combat capability of protecting the crew from both ballistic & blast threats.   

On Friday at 2.20 pm, the share price of the company was trading at Rs 115.10, which is 2.77 per cent above its previous close on BSE.  

----

Previous Article Wipro jumps over 9 per cent after posting best ever Q4 earnings
Next Article NALCO to execute mining lease for Utkal-E coal block
Print
1398 Rate this article:
3.6
Please login or register to post comments.
DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR