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Ashok Leyland Ltd drops for fifth straight session

Capital Market 

Ashok Leyland Ltd is quoting at Rs 34.55, down 2.81% on the day as on 13:24 IST on the NSE. The stock tumbled 59.97% in last one year as compared to a 28.23% slide in NIFTY and a 40.4% fall in the Nifty Auto index.

Ashok Leyland Ltd fell for a fifth straight session today. The stock is quoting at Rs 34.55, down 2.81% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 5.65% on the day, quoting at 8241.5. The Sensex is at 28241.56, up 5.88%.Ashok Leyland Ltd has eased around 55.68% in last one month.Meanwhile, Nifty Auto index of which Ashok Leyland Ltd is a constituent, has eased around 31.48% in last one month and is currently quoting at 4693.35, up 5.23% on the day. The volume in the stock stood at 369.28 lakh shares today, compared to the daily average of 371.24 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 34.95, down 2.24% on the day. Ashok Leyland Ltd tumbled 59.97% in last one year as compared to a 28.23% slide in NIFTY and a 40.4% fall in the Nifty Auto index.

The PE of the stock is 10.58 based on TTM earnings ending December 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: Wed, March 25 2020. 13:35 IST
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