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Ashok Leyland Ltd jumps 8.24%

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Capital Market

Ashok Leyland Ltd is quoting at Rs 51.9, up 8.24% on the day as on 12:54 IST on the NSE. The stock is down 42.04% in last one year as compared to a 16.26% fall in NIFTY and a 29.88% fall in the Nifty Auto index.

Ashok Leyland Ltd rose for a third straight session today. The stock is quoting at Rs 51.9, up 8.24% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 2.78% on the day, quoting at 9818.75. The Sensex is at 33655.22, up 2.86%. Ashok Leyland Ltd has added around 20.56% in last one month.

 

Meanwhile, Nifty Auto index of which Ashok Leyland Ltd is a constituent, has added around 23.51% in last one month and is currently quoting at 5543.75, up 5.41% on the day. The volume in the stock stood at 399.34 lakh shares today, compared to the daily average of 352.03 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 51.9, up 9.03% on the day. Ashok Leyland Ltd is down 42.04% in last one year as compared to a 16.26% fall in NIFTY and a 29.88% fall in the Nifty Auto index.

The PE of the stock is 14.23 based on TTM earnings ending December 19.

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First Published: Apr 30 2020 | 1:05 PM IST

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