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Ashok Leyland Ltd rises for third consecutive session

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Capital Market

The stock is quoting at Rs 120, up 2.52% on the day as on 12:49 IST on the NSE. Ashok Leyland Ltd is down 6.58% in last one year as compared to a 3.31% spurt in NIFTY and a 18.73% spurt in the Nifty Auto index.

Ashok Leyland Ltd gained for a third straight session today. The stock is quoting at Rs 120, up 2.52% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.58% on the day, quoting at 10573.6. The Sensex is at 35093.78, up 0.66%. Ashok Leyland Ltd has slipped around 5.85% in last one month.

 

Meanwhile, Nifty Auto index of which Ashok Leyland Ltd is a constituent, has slipped around 15.01% in last one month and is currently quoting at 9034.6, up 0.95% on the day. The volume in the stock stood at 205.06 lakh shares today, compared to the daily average of 195.97 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 120.05, up 2.17% on the day. Ashok Leyland Ltd is down 6.58% in last one year as compared to a 3.31% spurt in NIFTY and a 18.73% spurt in the Nifty Auto index.

The PE of the stock is 18.79 based on TTM earnings ending June 18.

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First Published: Oct 16 2018 | 1:05 PM IST

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