Alkem Laboratories Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 3132.55, up 0.08% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.8% on the day, quoting at 18661.45. The Sensex is at 62741.05, down 0.86%. Alkem Laboratories Ltd has slipped around 4.97% in last one month.

Meanwhile, Nifty Metal index of which Alkem Laboratories Ltd is a constituent, has slipped around 3.81% in last one month and is currently quoting at 13120.65, down 0.59% on the day. The volume in the stock stood at 9679 shares today, compared to the daily average of 80840 shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 3144, down 0.15% on the day. Alkem Laboratories Ltd is down 8.91% in last one year as compared to a 8.52% gain in NIFTY and a 2.98% gain in the Nifty Metal index.

The PE of the stock is 37.24 based on TTM earnings ending September 22.