Alkem Laboratories Ltd is up for a third straight session today. The stock is quoting at Rs 3150.45, up 2.64% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.68% on the day, quoting at 17842.1. The Sensex is at 60639.63, up 0.59%. Alkem Laboratories Ltd has gained around 3.3% in last one month.

Meanwhile, Nifty Metal index of which Alkem Laboratories Ltd is a constituent, has gained around 3.89% in last one month and is currently quoting at 12191.4, up 0.68% on the day. The volume in the stock stood at 1.14 lakh shares today, compared to the daily average of 49700 shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 3136.45, up 2.36% on the day. Alkem Laboratories Ltd is down 10.48% in last one year as compared to a 2.17% jump in NIFTY and a 9.55% jump in the Nifty Metal index.

The PE of the stock is 36.48 based on TTM earnings ending September 22.