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Alkem Laboratories Ltd rose for a fifth straight session today. The stock is quoting at Rs 3780, up 1.54% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.58% on the day, quoting at 19098.4. The Sensex is at 63943.66, up 0.55%. Alkem Laboratories Ltd has added around 5.78% in last one month. Meanwhile, Nifty Pharma index of which Alkem Laboratories Ltd is a constituent, has added around 2.73% in last one month and is currently quoting at 14735.25, up 0.87% on the day. The volume in the stock stood at 1.57 lakh shares today, compared to the daily average of 1.31 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 3801.45, up 1.56% on the day. Alkem Laboratories Ltd is up 14.67% in last one year as compared to a 5.79% gain in NIFTY and a 9.61% gain in the Nifty Pharma index. The PE of the stock is 35.15 based on TTM earnings ending June 23.
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