Alkem Laboratories Ltd gained for a third straight session today. The stock is quoting at Rs 4419.95, up 1.35% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.01% on the day, quoting at 19763.6. The Sensex is at 65912.77, down 0.11%. Alkem Laboratories Ltd has risen around 21.66% in last one month.

Meanwhile, Nifty Pharma index of which Alkem Laboratories Ltd is a constituent, has risen around 2.97% in last one month and is currently quoting at 15651.1, up 0.86% on the day. The volume in the stock stood at 1.42 lakh shares today, compared to the daily average of 2.53 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 4428.05, up 1.11% on the day. Alkem Laboratories Ltd is up 41.71% in last one year as compared to a 7.95% spurt in NIFTY and a 22.74% spurt in the Nifty Pharma index.

The PE of the stock is 33.38 based on TTM earnings ending September 23.