Alkem Laboratories Ltd is up for a third straight session today. The stock is quoting at Rs 3477.55, up 1.22% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.28% on the day, quoting at 17964.8. The Sensex is at 60792.93, up 0.24%. Alkem Laboratories Ltd has risen around 5.37% in last one month.

Meanwhile, Nifty Metal index of which Alkem Laboratories Ltd is a constituent, has risen around 5.16% in last one month and is currently quoting at 12519.35, up 0.31% on the day. The volume in the stock stood at 1.38 lakh shares today, compared to the daily average of 2.06 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 3502.95, up 1.33% on the day. Alkem Laboratories Ltd is up 6.99% in last one year as compared to a 5.04% spurt in NIFTY and a 6.72% spurt in the Nifty Metal index.

The PE of the stock is 42.95 based on TTM earnings ending December 22.