Alkem Laboratories Ltd is up for a third straight session in a row. The stock is quoting at Rs 5381.5, up 1.46% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.3% on the day, quoting at 24910.3. The Sensex is at 80789.18, down 0.26%. Alkem Laboratories Ltd has risen around 3.39% in last one month.
Meanwhile, Nifty Pharma index of which Alkem Laboratories Ltd is a constituent, has risen around 10.65% in last one month and is currently quoting at 28427.75, up 1.5% on the day. The volume in the stock stood at 1.28 lakh shares today, compared to the daily average of 99285 shares in last one month.
The benchmark November futures contract for the stock is quoting at Rs 5392.5, up 1.11% on the day. Alkem Laboratories Ltd is down 5.25% in last one year as compared to a 2.6% drop in NIFTY and a 28.93% drop in the Nifty Pharma index.
The PE of the stock is 28.28 based on TTM earnings ending June 26.