Alkem Laboratories Ltd gained for a fifth straight session today. The stock is quoting at Rs 4020, up 1.76% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.59% on the day, quoting at 19796.45. The Sensex is at 66796.77, up 0.66%. Alkem Laboratories Ltd has risen around 18.39% in last one month.

Meanwhile, Nifty Metal index of which Alkem Laboratories Ltd is a constituent, has risen around 7.35% in last one month and is currently quoting at 14383.25, up 0.21% on the day. The volume in the stock stood at 1.66 lakh shares today, compared to the daily average of 2.07 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 4016.35, up 1.73% on the day. Alkem Laboratories Ltd is up 28.2% in last one year as compared to a 18.96% spurt in NIFTY and a 14.13% spurt in the Nifty Metal index.

The PE of the stock is 41.36 based on TTM earnings ending March 23.