Ashok Leyland Ltd is up for a fifth straight session today. The stock is quoting at Rs 165.3, up 5.05% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.33% on the day, quoting at 18750.45. The Sensex is at 63120.27, up 0.32%. Ashok Leyland Ltd has gained around 8.11% in last one month.

Meanwhile, Nifty Bank index of which Ashok Leyland Ltd is a constituent, has gained around 6.03% in last one month and is currently quoting at 14707.85, up 0.13% on the day. The volume in the stock stood at 330.45 lakh shares today, compared to the daily average of 87.97 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 165.9, up 5.3% on the day. Ashok Leyland Ltd is up 25.7% in last one year as compared to a 22.6% jump in NIFTY and a 35.97% jump in the Nifty Bank index.

The PE of the stock is 34.81 based on TTM earnings ending March 23.