Ashok Leyland Ltd gained for a fifth straight session today. The stock is quoting at Rs 149.9, up 0.67% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.01% on the day, quoting at 18297.95. The Sensex is at 61941.71, up 0.06%. Ashok Leyland Ltd has added around 8.62% in last one month.

Meanwhile, Nifty Bank index of which Ashok Leyland Ltd is a constituent, has added around 7.53% in last one month and is currently quoting at 13803.75, up 0.63% on the day. The volume in the stock stood at 36.87 lakh shares today, compared to the daily average of 75.42 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 149.9, up 0.4% on the day. Ashok Leyland Ltd is up 22.27% in last one year as compared to a 15.94% gain in NIFTY and a 33.41% gain in the Nifty Bank index.

The PE of the stock is 40.12 based on TTM earnings ending December 22.