Alkem Laboratories Ltd gains for third straight session

21 Mar 2022 , 01:05 PM

Alkem Laboratories Ltd is up for a third straight session today. The stock is quoting at Rs 3494.05, up 1.6% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.76% on the day, quoting at 17155.9. The Sensex is at 57381.01, down 0.83%. Alkem Laboratories Ltd has gained around 6.82% in last one month.

Meanwhile, Nifty Pharma index of which Alkem Laboratories Ltd is a constituent, has gained around 5.22% in last one month and is currently quoting at 13546.05, up 0.63% on the day. The volume in the stock stood at 49578 shares today, compared to the daily average of 78356 shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 3502.7, up 1.52% on the day. Alkem Laboratories Ltd is up 33.33% in last one year as compared to a 16.42% jump in NIFTY and a 15.02% jump in the Nifty Pharma index.

The PE of the stock is 22.38 based on TTM earnings ending December 21.

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