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Ashok Leyland Ltd spurts 2.75%, rises for third straight session

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Capital Market

The stock is quoting at Rs 113.9, up 2.75% on the day as on 12:49 IST on the NSE. Ashok Leyland Ltd is down 8.55% in last one year as compared to a 4.6% gain in NIFTY and a 18.64% gain in the Nifty Auto index.

Ashok Leyland Ltd rose for a third straight session today. The stock is quoting at Rs 113.9, up 2.75% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.39% on the day, quoting at 10444.6. The Sensex is at 34712.52, up 1.2%. Ashok Leyland Ltd has dropped around 10.84% in last one month.

 

Meanwhile, Nifty Auto index of which Ashok Leyland Ltd is a constituent, has dropped around 16.52% in last one month and is currently quoting at 8732.9, up 2.11% on the day. The volume in the stock stood at 120.85 lakh shares today, compared to the daily average of 189.97 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 114.5, up 3.29% on the day. Ashok Leyland Ltd is down 8.55% in last one year as compared to a 4.6% gain in NIFTY and a 18.64% gain in the Nifty Auto index.

The PE of the stock is 17.72 based on TTM earnings ending June 18.

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First Published: Oct 10 2018 | 1:05 PM IST

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