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Alkem Laboratories Ltd is up for a third straight session today. The stock is quoting at Rs 4875, up 3.16% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.1% on the day, quoting at 20917.45. The Sensex is at 69551.11, down 0.15%. Alkem Laboratories Ltd has gained around 15.17% in last one month. Meanwhile, Nifty Pharma index of which Alkem Laboratories Ltd is a constituent, has gained around 4.76% in last one month and is currently quoting at 16169.55, up 0.41% on the day. The volume in the stock stood at 2.23 lakh shares today, compared to the daily average of 3.1 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 4869.75, up 2.71% on the day. Alkem Laboratories Ltd is up 57.28% in last one year as compared to a 12.4% jump in NIFTY and a 27.55% jump in the Nifty Pharma index. The PE of the stock is 36.21 based on TTM earnings ending September 23.
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