Ashok Leyland Shares Rise for Third Consecutive Day, Up 2.28%
Ashok Leyland Ltd soars 2.28%, rises for third straight session
Business Standard
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Ashok Leyland Ltd's shares increased by 2.28%, reaching ₹180.63 on the NSE, marking a 56.61% rise over the past year. This growth contrasts with a mere 0.32% gain in the NIFTY index. The stock has also seen an 11.51% increase in the last month.
- 01Ashok Leyland's stock rose 2.28% to ₹180.63.
- 02The company has gained 56.61% over the past year.
- 03The NIFTY index only increased by 0.32% in the same period.
- 04Ashok Leyland's stock volume today was 120.22 lakh shares.
- 05The stock's PE ratio is 28.22 based on trailing twelve months earnings.
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Ashok Leyland Ltd's shares have experienced a 2.28% increase today, reaching ₹180.63 as of 12:49 IST on the National Stock Exchange (NSE). This marks the third consecutive day of gains for the company, which has seen a remarkable 56.61% rise over the past year, significantly outperforming the NIFTY index's 0.32% gain and the 18.88% increase in the Nifty Auto index. Over the last month, Ashok Leyland's stock has added 11.51%, while the Nifty Auto index has increased by 11.38%. Today's trading volume for Ashok Leyland stood at 120.22 lakh shares, compared to the average daily volume of 318.47 lakh shares over the past month. The stock's price-to-earnings (PE) ratio is currently 28.22, based on trailing twelve months earnings ending December 25.
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The rise in Ashok Leyland's stock price may boost investor confidence and could lead to increased investments in the auto sector.
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