Alkem Laboratories Ltd dropped for a fifth straight session today. The stock is quoting at Rs 5066.45, down 1.04% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.24% on the day, quoting at 21670.65. The Sensex is at 71796.06, up 0.19%.Alkem Laboratories Ltd has added around 5.66% in last one month.Meanwhile, Nifty Pharma index of which Alkem Laboratories Ltd is a constituent, has increased around 8.98% in last one month and is currently quoting at 17401.9, down 0.03% on the day. The volume in the stock stood at 96892 shares today, compared to the daily average of 2.88 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 5078.65, down 1.24% on the day. Alkem Laboratories Ltd jumped 65.5% in last one year as compared to a 21.35% rally in NIFTY and a 37.29% spurt in the Nifty Pharma index.

The PE of the stock is 39.17 based on TTM earnings ending September 23.