Alkem Laboratories Ltd gained for a third straight session today. The stock is quoting at Rs 3465.6, up 1.11% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.35% on the day, quoting at 15768.75. The Sensex is at 52630.01, down 0.42%. Alkem Laboratories Ltd has gained around 10.72% in last one month.

Meanwhile, Nifty Pharma index of which Alkem Laboratories Ltd is a constituent, has gained around 0.29% in last one month and is currently quoting at 14652.55, down 3.05% on the day. The volume in the stock stood at 1.6 lakh shares today, compared to the daily average of 2.03 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 3457, up 0.89% on the day. Alkem Laboratories Ltd is up 40.74% in last one year as compared to a 39.54% jump in NIFTY and a 40.27% jump in the Nifty Pharma index.

The PE of the stock is 24.51 based on TTM earnings ending March 21.