On the National Stock Exchange (NSE), Alkem Laboratories Ltd reported a fall of 0.51 per cent to Rs 3090.15. The shares had tumbled 9.11 per cent in Q1FY23 compared to a 6.34 per cent rally in Nifty and a fall in the Nifty Metal Index in Q1FY22. Alkem Laboratories Ltd is down for a fifth straight session on Thursday. Additionally, Alkem Laboratories Ltd around 1.31 per cent in June month. Meanwhile, the Nifty Metal index, of which Alkem Laboratories Ltd is a constituent, has increased by 4.93 per cent. Currently, the stock had quoted at 12682, up 1.23 per cent today. The volume in the stock stood at 83892 shares compared to the daily average of 98780 shares last month.

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On the August future contract, the stock’s benchmark is at Rs 3086.75, up 0.03 per cent. Alkem Laboratories Ltd had tumbled 9.11 per cent in the financial year 2022 compared to a 6.34 per cent rally in NIFTY and an 11.95 per cent fall in the Nifty Metal index. On the BSE market, the Private Equity shares of the company are 24.12 based on TTM earnings ending March 22.