On the National Stock Exchange (NSE), Alkem Laboratories Ltd’s stock was quoted at Rs 3298.15, up 2.22 per cent. The stock is down 9.66 per cent in 2021 compared with a 1.37 per cent gain in NIFTY and a 1.98 per cent increase in the Nifty Metal index.

The company’s stock is up for a third straight session today. The stock went up 2.22 per cent on the NSE. The benchmark NIFTY fell around 0.4 per cent, quoting 18073.05. The Sensex is at 60875.1, down 0.4 per cent. Alkem Laboratories Ltd added around 0.83 per cent in October.

Meanwhile, the Nifty Metal index of which Alkem Laboratories Ltd has added around 3.77 per cent in October, up 0.9 per cent today. The volume stood at 71627 shares on 2 Nov compared to the daily average of 64368 shares in October 2022.

In the November futures contract, the benchmark for the stock was quoted at Rs 3327.45, up 2.51 per cent. Alkem Laboratories Ltd is down 9.66 per cent in 2021 compared to a 1.37 per cent gain in NIFTY and a 1.98 per cent gain in the Nifty Metal index.

As on June 2022, the private equity of the stock is 31.83 based on TTM earnings.