diff --git a/erpnext/stock/get_item_details.py b/erpnext/stock/get_item_details.py
index f6bdd1fc67e..05c61bbb4d5 100644
--- a/erpnext/stock/get_item_details.py
+++ b/erpnext/stock/get_item_details.py
@@ -1615,6 +1615,12 @@ def apply_price_list(ctx, as_doc=False, doc=None):
 def apply_price_list_on_item(ctx, doc=None):
 	item_doc = frappe.get_cached_doc("Item", ctx.item_code)
 	item_details = get_price_list_rate(ctx, item_doc)
+
+	ctx.conversion_factor = flt(ctx.conversion_factor) or get_conversion_factor(ctx.item_code, ctx.uom).get(
+		"conversion_factor", 1
+	)
+	ctx.stock_qty = flt(ctx.qty) * flt(ctx.conversion_factor)
+
 	item_details.update(get_pricing_rule_for_item(ctx, doc=doc))
 
 	return item_details