Ashok Leyland Ltd rose for a third straight session today. The stock is quoting at Rs 172.1, up 1.35% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.76% on the day, quoting at 19531.8. The Sensex is at 65944.18, up 0.84%. Ashok Leyland Ltd has gained around 10.07% in last one month.

Meanwhile, Nifty Bank index of which Ashok Leyland Ltd is a constituent, has gained around 6.53% in last one month and is currently quoting at 15614.9, up 0.17% on the day. The volume in the stock stood at 102.32 lakh shares today, compared to the daily average of 153.74 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 171.8, up 0.82% on the day. Ashok Leyland Ltd is up 21.45% in last one year as compared to a 22.54% jump in NIFTY and a 29.1% jump in the Nifty Bank index.

The PE of the stock is 38.23 based on TTM earnings ending March 23.