Ashok Leyland Ltd is up for a third straight session today. The stock is quoting at Rs 51.45, up 3% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.92% on the day, quoting at 11317.25. The Sensex is at 38345.67, up 0.8%. Ashok Leyland Ltd has gained around 1.28% in last one month.
Meanwhile, Nifty Auto index of which Ashok Leyland Ltd is a constituent, has gained around 8.05% in last one month and is currently quoting at 7554.45, up 1.33% on the day. The volume in the stock stood at 240.3 lakh shares today, compared to the daily average of 285.38 lakh shares in last one month.
The benchmark August futures contract for the stock is quoting at Rs 51.65, up 2.89% on the day. Ashok Leyland Ltd is down 16.41% in last one year as compared to a 3.58% jump in NIFTY and a 11.66% jump in the Nifty Auto index.
The PE of the stock is 42.69 based on TTM earnings ending March 20.