Ashok Leyland Ltd spurts 2.2%, up for third straight session

Capital Market 

The stock is quoting at Rs 111.5, up 2.2% on the day as on 12:49 IST on the NSE. Ltd is up 6.24% in last one year as compared to a 11.55% gain in and a 0.7% gain in the Auto index.

Ltd rose for a third straight session today. The stock is quoting at Rs 111.5, up 2.2% on the day as on 12:49 IST on the NSE. The benchmark is up around 0.27% on the day, quoting at 11115.1. The Sensex is at 36776.17, up 0.16%. Ltd has dropped around 15.53% in last one month.

Meanwhile, index of which is a constituent, has dropped around 0.5% in last one month and is currently quoting at 10770.6, up 0.8% on the day. The volume in the stock stood at 194.82 lakh shares today, compared to the daily average of 335.48 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 111.15, up 1.69% on the day. is up 6.24% in last one year as compared to a 11.55% gain in NIFTY and a 0.7% gain in the index.

The PE of the stock is 17.47 based on earnings ending June 18.

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First Published: Tue, July 24 2018. 13:05 IST