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Ashok Leyland Ltd drops around 2%
30-Jun-20   13:35 Hrs IST

Ashok Leyland Ltd fell for a fifth straight session today. The stock is quoting at Rs 47.65, down 1.95% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.67% on the day, quoting at 10381.6. The Sensex is at 35169.27, up 0.59%.Ashok Leyland Ltd has gained around 2.69% in last one month.Meanwhile, Nifty Auto index of which Ashok Leyland Ltd is a constituent, has increased around 4.94% in last one month and is currently quoting at 6645.85, up 1.36% on the day. The volume in the stock stood at 386.16 lakh shares today, compared to the daily average of 562 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 47.4, down 2.27% on the day. Ashok Leyland Ltd tumbled 45.29% in last one year as compared to a 12.51% slide in NIFTY and a 16.1% fall in the Nifty Auto index.

The PE of the stock is 41.58 based on TTM earnings ending March 20.

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