Alkem Laboratories Ltd fell for a fifth straight session today. The stock is quoting at Rs 3304.75, down 0.03% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.21% on the day, quoting at 16993.1. The Sensex is at 56768.8, down 1.02%.Alkem Laboratories Ltd has eased around 8.32% in last one month.Meanwhile, Nifty Pharma index of which Alkem Laboratories Ltd is a constituent, has eased around 1.99% in last one month and is currently quoting at 13444.1, down 1.13% on the day. The volume in the stock stood at 12574 shares today, compared to the daily average of 1.09 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 3306.6, down 0.24% on the day. Alkem Laboratories Ltd jumped 19.1% in last one year as compared to a 14.32% rally in NIFTY and a 0.29% spurt in the Nifty Pharma index.

The PE of the stock is 21.54 based on TTM earnings ending December 21.