Ashok Leyland Ltd rose for a third straight session today. The stock is quoting at Rs 158.11, up 6.15% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.18% on the day, quoting at 26251.5. The Sensex is at 85859.63, up 0.29%. Ashok Leyland Ltd has added around 12.86% in last one month.

Meanwhile, Nifty Auto index of which Ashok Leyland Ltd is a constituent, has added around 1.84% in last one month and is currently quoting at 27696.4, down 0.17% on the day. The volume in the stock stood at 484.71 lakh shares today, compared to the daily average of 156.92 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 156.81, up 4.51% on the day. Ashok Leyland Ltd is up 36.55% in last one year as compared to a 9.77% gain in NIFTY and a 19.51% gain in the Nifty Auto index.

The PE of the stock is 25.64 based on TTM earnings ending September 25.