Alkem Laboratories Ltd rose for a third straight session today. The stock is quoting at Rs 3246, up 1.52% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.39% on the day, quoting at 15738.4. The Sensex is at 52311.7, down 0.31%. Alkem Laboratories Ltd has added around 8.94% in last one month.

Meanwhile, Nifty Pharma index of which Alkem Laboratories Ltd is a constituent, has added around 4.61% in last one month and is currently quoting at 14464.05, up 0.23% on the day. The volume in the stock stood at 2.54 lakh shares today, compared to the daily average of 3.07 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 3259.25, up 1.81% on the day. Alkem Laboratories Ltd is up 36.97% in last one year as compared to a 60.37% gain in NIFTY and a 45.13% gain in the Nifty Pharma index.

The PE of the stock is 22.54 based on TTM earnings ending March 21.