Alkem Laboratories Ltd gained for a third straight session today. The stock is quoting at Rs 3773.9, up 1.97% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.03% on the day, quoting at 19739.75. The Sensex is at 66642.58, down 0.06%. Alkem Laboratories Ltd has risen around 10.95% in last one month.

Meanwhile, Nifty Metal index of which Alkem Laboratories Ltd is a constituent, has risen around 6.82% in last one month and is currently quoting at 14274, up 0.19% on the day. The volume in the stock stood at 1.25 lakh shares today, compared to the daily average of 1.75 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 3768.5, up 1.74% on the day. Alkem Laboratories Ltd is up 21.38% in last one year as compared to a 18.69% spurt in NIFTY and a 14.51% spurt in the Nifty Metal index.

The PE of the stock is 38.66 based on TTM earnings ending March 23.