Alkem Laboratories Ltd is up for a fifth straight session today. The stock is quoting at Rs 3154.9, up 1.7% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.72% on the day, quoting at 17751.05. The Sensex is at 59498.02, up 0.79%. Alkem Laboratories Ltd has gained around 6.63% in last one month. Meanwhile, Nifty Metal index of which Alkem Laboratories Ltd is a constituent, has gained around 2.17% in last one month and is currently quoting at 12696.3, down 0.2% on the day. The volume in the stock stood at 1.22 lakh shares today, compared to the daily average of 1.74 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 3154.35, up 1.62% on the day. Alkem Laboratories Ltd is down 16.88% in last one year as compared to a 2.2% jump in NIFTY and a 11.58% jump in the Nifty Metal index. The PE of the stock is 30.61 based on TTM earnings ending June 22.
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