Ashok Leyland Ltd rose for a fifth straight session today. The stock is quoting at Rs 145.4, up 2.25% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.31% on the day, quoting at 17970.55. The Sensex is at 60796.32, up 0.24%. Ashok Leyland Ltd has gained around 6.56% in last one month.

Meanwhile, Nifty Bank index of which Ashok Leyland Ltd is a constituent, has gained around 8.38% in last one month and is currently quoting at 13071.8, up 0.5% on the day. The volume in the stock stood at 91.34 lakh shares today, compared to the daily average of 88.05 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 146.3, up 2.45% on the day. Ashok Leyland Ltd is up 14.4% in last one year as compared to a 5.08% jump in NIFTY and a 18.59% jump in the Nifty Bank index.

The PE of the stock is 38.32 based on TTM earnings ending December 22.