Alkem Laboratories Ltd spurts 1.87%

Alkem Laboratories Ltd is quoting at Rs 3174.85, up 1.87% on the day as on 12:49 IST on the NSE. The stock is down 13% in last one year as compared to a 0.6% slide in NIFTY and a 13.81% slide in the Nifty Metal index.

Alkem Laboratories Ltd is up for a third straight session today. The stock is quoting at Rs 3174.85, up 1.87% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.21% on the day, quoting at 17142.65. The Sensex is at 58221.95, up 0.25%. Alkem Laboratories Ltd has slipped around 3.07% in last one month.

Meanwhile, Nifty Metal index of which Alkem Laboratories Ltd is a constituent, has slipped around 2.28% in last one month and is currently quoting at 11633.75, up 0.53% on the day. The volume in the stock stood at 72458 shares today, compared to the daily average of 71660 shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 3172.75, up 1.37% on the day. Alkem Laboratories Ltd is down 13% in last one year as compared to a 0.6% slide in NIFTY and a 13.81% slide in the Nifty Metal index.

The PE of the stock is 38.88 based on TTM earnings ending December 22.

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