Ashok Leyland Ltd rose for a third straight session today. The stock is quoting at Rs 152.05, up 1.27% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.46% on the day, quoting at 18684.05. The Sensex is at 63006.36, up 0.34%. Ashok Leyland Ltd has gained around 3.68% in last one month.

Meanwhile, Nifty Bank index of which Ashok Leyland Ltd is a constituent, has gained around 9.07% in last one month and is currently quoting at 14729.5, up 0.59% on the day. The volume in the stock stood at 43.97 lakh shares today, compared to the daily average of 86.32 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 152.9, up 1.29% on the day. Ashok Leyland Ltd is up 9.78% in last one year as compared to a 14.23% jump in NIFTY and a 30.17% jump in the Nifty Bank index.

The PE of the stock is 33.21 based on TTM earnings ending March 23.