Ashok Leyland Ltd dropped for a fifth straight session today. The stock is quoting at Rs 141.35, down 2.48% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.22% on the day, quoting at 22650.05. The Sensex is at 73281.69, up 0.22%.Ashok Leyland Ltd has lost around 8.94% in last one month.Meanwhile, Nifty Auto index of which Ashok Leyland Ltd is a constituent, has eased around 6.27% in last one month and is currently quoting at 24862.3, down 0.01% on the day. The volume in the stock stood at 118.81 lakh shares today, compared to the daily average of 133.1 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 141.69, down 2.35% on the day. Ashok Leyland Ltd jumped 0.38% in last one year as compared to a 12.77% slide in NIFTY and a 8.81% fall in the Nifty Auto index.

The PE of the stock is 22.32 based on TTM earnings ending June 26.