Alkem Laboratories Stock Sees Positive Movement Amid Market Trends
Alkem Laboratories Ltd in demand
Business Standard
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Alkem Laboratories Ltd's stock is currently valued at ₹5428.5, reflecting a 1.08% increase today and an 11.07% rise over the past year, outperforming both the NIFTY and Nifty Pharma index. Despite a recent monthly dip, trading volume remains below average.
- 01Alkem Laboratories Ltd's stock increased by 1.08% today.
- 02The stock has risen 11.07% over the past year.
- 03In contrast, the NIFTY index rose by 5.18% in the same period.
- 04The stock's price-to-earnings ratio stands at 29.
- 05Daily trading volume is significantly lower than the monthly average.
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Alkem Laboratories Ltd is currently trading at ₹5428.5, marking a 1.08% increase as of 12:49 IST on the National Stock Exchange (NSE). Over the past year, the stock has appreciated by 11.07%, outperforming the NIFTY index which rose by 5.18% and the Nifty Pharma index, which increased by 8.22%. Despite this annual growth, the stock has seen a decline of 2.09% in the last month, while the Nifty Pharma index has dropped by 5.16% during the same period. Today's trading volume for Alkem stood at 34,997 shares, significantly lower than the average of 1.27 lakh shares over the past month. The April futures contract for the stock is currently valued at ₹5438.5, reflecting a 0.72% increase. The stock's price-to-earnings (PE) ratio is reported at 29, based on trailing twelve-month earnings ending December 25.
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