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Ashok Leyland Ltd drops for fifth straight session

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Capital Market

Ashok Leyland Ltd is quoting at Rs 83, down 1.89% on the day as on 13:19 IST on the NSE. The stock jumped 2.09% in last one year as compared to a 11.13% rally in NIFTY and a 0.39% fall in the Nifty Auto index.

Ashok Leyland Ltd fell for a fifth straight session today. The stock is quoting at Rs 83, down 1.89% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.77% on the day, quoting at 12036.3. The Sensex is at 40889.97, down 0.75%.Ashok Leyland Ltd has gained around 1.84% in last one month.Meanwhile, Nifty Auto index of which Ashok Leyland Ltd is a constituent, has eased around 0.75% in last one month and is currently quoting at 8220.4, down 0.41% on the day. The volume in the stock stood at 71.53 lakh shares today, compared to the daily average of 148.99 lakh shares in last one month.

 

The benchmark January futures contract for the stock is quoting at Rs 83.15, down 1.89% on the day. Ashok Leyland Ltd jumped 2.09% in last one year as compared to a 11.13% rally in NIFTY and a 0.39% fall in the Nifty Auto index.

The PE of the stock is 18.44 based on TTM earnings ending September 19.

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First Published: Jan 30 2020 | 1:35 PM IST

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