Ashok Leyland, flagship of the Hinduja Group and the largest suppliers of mobility solutions to the Indian Army, has won another critical order from the Ministry of Defence (MOD). The contract is for supplying Ashok Leyland's High Mobility 10x10 vehicles (HMV 10x10).

This order will end a long search by the Indian Army, who have been looking for HMV 10x10s to carry the Smerch Rockets, this initial order is worth over Rs 1 billion.

Amandeep Singh, Head-Defence, Ashok Leyland, said, "We have won 12 of the 15 tenders we participated in last year, and this is a crucial win for us. This will pave Ashok Leyland's way for newer opportunities in providing mobility platforms for other missile carriers, missile launchers, modular bridges and other critical loads. This order is a testament of our mobility leadership in the Defence sector, and we will continue to partner our Forces in service of the nation."

Shares of the company gained Rs 4.4, or 3.04%, to trade at Rs 149.30. The total volume of shares traded was 443,111 at the BSE (10.43 a.m., Friday).