On the National Stock Exchange (NSE), Alkem Laboratories Ltd at Rs 3055.65 down 0.25%. The stock dropped at 10.32% in 2021 as compared to a 8.2% rally in NIFTY and a 3.77% fall in the Nifty Metal index.
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On 16 Dec 22, Alkem Laboratories Ltd dropped for a fifth straight session. The stock is quoting at Rs 3055.65, down 0.25%, today. The benchmark NIFTY is down around 0.2% at 18378.7. The Sensex down 0.12%. Alkem Laboratories has eased around 1.67% in 2021, down 0.66% on the day. The volume in the stock stood at 19909 shares on 16 Dec as compared to the daily average of 73187 shares in November.
In the December futures contract, the benchmark for the stock down 0.24%. Alkem Laboratories Ltd slipped at 10.32% in 2021 as compared to a 8.2% rally in NIFTY and a 3.77% fall in the Nifty Metal index.
As of September 22, the PE of the stock is 36.48 based on TTM earnings ending September 22.
