Hot Pursuit     31-Mar-23
Alkem Laboratories Ltd gains for fifth session
Alkem Laboratories Ltd is quoting at Rs 3375, up 2.26% on the day as on 12:44 IST on the NSE. The stock is down 3.38% in last one year as compared to a 1.97% slide in NIFTY and a 11.19% slide in the Nifty Metal.

Alkem Laboratories Ltd is up for a fifth straight session today. The stock is quoting at Rs 3375, up 2.26% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 1.41% on the day, quoting at 17322.25. The Sensex is at 58801.1, up 1.45%. Alkem Laboratories Ltd has gained around 8.2% in last one month.

Meanwhile, Nifty Metal index of which Alkem Laboratories Ltd is a constituent, has gained around 2.52% in last one month and is currently quoting at 11942.5, up 0.99% on the day. The volume in the stock stood at 82242 shares today, compared to the daily average of 71989 shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 3388.55, up 2.02% on the day. Alkem Laboratories Ltd is down 3.38% in last one year as compared to a 1.97% slide in NIFTY and a 11.19% slide in the Nifty Metal index.

The PE of the stock is 41.22 based on TTM earnings ending December 22.

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