Ipca Laboratories Ltd gained for a third straight session today. The stock is quoting at Rs 1111, up 1.14% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.77% on the day, quoting at 21288.35. The Sensex is at 70448.02, down 0.86%. Ipca Laboratories Ltd has risen around 4.95% in last one month.

Meanwhile, Nifty Pharma index of which Ipca Laboratories Ltd is a constituent, has risen around 5.75% in last one month and is currently quoting at 17763.7, down 1.4% on the day. The volume in the stock stood at 4.69 lakh shares today, compared to the daily average of 3.39 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 1097.05, down 0.58% on the day. Ipca Laboratories Ltd is up 30.48% in last one year as compared to a 20.93% spurt in NIFTY and a 40.03% spurt in the Nifty Pharma index.

The PE of the stock is 52.8 based on TTM earnings ending September 23.