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Ashok Leyland Ltd drops for fifth straight session

Capital Market 

Ashok Leyland Ltd is quoting at Rs 74.95, down 0.33% on the day as on 13:19 IST on the NSE. The stock tumbled 38.01% in last one year as compared to a 12.79% rally in NIFTY and a 9.67% fall in the Nifty Auto index.

Ashok Leyland Ltd fell for a fifth straight session today. The stock is quoting at Rs 74.95, down 0.33% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.54% on the day, quoting at 11876.55. The Sensex is at 40107.76, down 0.48%.Ashok Leyland Ltd has gained around 16.38% in last one month.Meanwhile, Nifty Auto index of which Ashok Leyland Ltd is a constituent, has increased around 12.13% in last one month and is currently quoting at 8280.35, down 0.39% on the day. The volume in the stock stood at 109.3 lakh shares today, compared to the daily average of 291.02 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 75.1, down 0.66% on the day. Ashok Leyland Ltd tumbled 38.01% in last one year as compared to a 12.79% rally in NIFTY and a 9.67% fall in the Nifty Auto index.

The PE of the stock is 11.99 based on TTM earnings ending June 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, November 05 2019. 13:35 IST
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