Leading commercial vehicle manufacturer Ashok Leyland shares gained nearly 3% on Wednesday after the company unveiled the AL H6 Diesel – CEV Stage V engine at EXCON 2023 in Bengaluru.
The company unveiled its new diesel engine along with other innovative products showcasing its versatility for various applications.
In a filing to the stock exchanges, Ashok Leyland said that its H6 Engines maintain their dominance as a preferred choice for original equipment manufacturers in both track and wheel harvester applications.
The H6 engines are known for their lowest total cost of ownership (TCO), Ashok Leyland informed the bourses.
Apart from the new diesel engine, the company also showcased half a dozen products at the 12th International construction equipment and technology trade fair, EXCON 2023, in Bengaluru. The fair is scheduled from December 12 to December 16.
The products showcased by the company included H4 Engine - Diesel engine, H6 Engine - Hydrogen (H2 ICE), 40 kVA Genset - CPCB4+, A6 Engine – Diesel, EATS --compact and efficient exhaust after Treatment system, and DEF Tank –compact and proven diesel exhaust fluid tank.
Additionally, the Indian flagship of the Hinduja Group, said that it is looking to expand product lines and enhance its presence in the fast-increasing engine market.
"As the need for enhanced fuel efficiency rises and the integration of alternative fuels with diesel engines continues to grow, we present a comprehensive array of state-of-the-art engine solutions. Our engines can be customized for various applications, catering to the evolving demands of the industry, " Shenu Agarwal, MD and CEO of Ashok Leyland said.
At 12.05 PM, shares of Ashok Leyland were trading 1.45% higher at ₹ 174.7 apiece on the BSE.
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