Alkem Laboratories Ltd gained for a third straight session today. The stock is quoting at Rs 6295, up 1.4% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.06% on the day, quoting at 25182.65. The Sensex is at 82274.5, down 0.09%. Alkem Laboratories Ltd has risen around 18.26% in last one month. Meanwhile, Nifty Pharma index of which Alkem Laboratories Ltd is a constituent, has risen around 8.25% in last one month and is currently quoting at 23184.4, up 0.68% on the day. The volume in the stock stood at 2.52 lakh shares today, compared to the daily average of 3.65 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 6309.05, up 1.17% on the day. Alkem Laboratories Ltd is up 72.23% in last one year as compared to a 28.41% spurt in NIFTY and a 52.01% spurt in the Nifty Pharma index.The PE of the stock is 35.16 based on TTM earnings ending June 24.Powered by Capital Market - Live

Alkem Laboratories Ltd is up for a fifth straight session today. The stock is quoting at Rs 6174.95, up 2.93% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.35% on the day, quoting at 25240.45. The Sensex is at 82401.53, up 0.32%. Alkem Laboratories Ltd has gained around 16.3% in last one month. Meanwhile, Nifty Pharma index of which Alkem Laboratories Ltd is a constituent, has gained around 6.75% in last one month and is currently quoting at 22878.05, up 1.61% on the day. The volume in the stock stood at 2.31 lakh shares today, compared to the daily average of 3.57 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 6198, up 2.63% on the day. Alkem Laboratories Ltd is up 69.51% in last one year as compared to a 31.09% jump in NIFTY and a 54% jump in the Nifty Pharma index.The PE of the stock is 33.97 based on TTM earnings ending June 24.Powered by Capital Market - Live

Alkem Laboratories Ltd is up for a third straight session in a row. The stock is quoting at Rs 5954.65, up 1.08% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.31% on the day, quoting at 25094.85. The Sensex is at 81939.19, up 0.28%. Alkem Laboratories Ltd has added around 14.47% in last one month. Meanwhile, Nifty Pharma index of which Alkem Laboratories Ltd is a constituent, has added around 5.53% in last one month and is currently quoting at 22729, up 0.64% on the day. The volume in the stock stood at 1.9 lakh shares today, compared to the daily average of 3.42 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 5956.65, up 1.11% on the day. Alkem Laboratories Ltd is up 60.84% in last one year as compared to a 29.74% gain in NIFTY and a 51.27% gain in the Nifty Pharma index.The PE of the stock is 33.35 based on TTM earnings ending June 24.Powered by Capital Market - Live

Revenue from operations stood at Rs 3,031.82 crore in June 2024 quarter, registering a growth of 2.16% on YoY basis. During the quarter, India sales were at Rs 2,022.3 crore (up 6.4% YoY) while International sales stood at Rs 967.7 crore (down 4.6% YoY). US sales for Q1 FY25 stood at Rs 641.6 crore, registering a decline of 7.7% YoY. Other International Markets sales rose 2.2% to Rs 326.1 crore during the quarter. Profit before tax stood at Rs 619.36 crore in June 2024 quarter, up 75.53% from Rs 352.85 crore posted in similar quarter a year ago. During the quarter, EBITDA stood at Rs 608.6 crore, registering a growth of 56.4% YoY. EBITDA margin improved to 20.1% in Q1 FY25 as against 13.1% posted in the same period last year. R&D expenses for the quarter increased 4.58% to Rs 125.7 crore in Q1 FY25, 4.1% of total revenue from operations. As per IQVIA data, for first quarter of FY24, the company registered a growth of 8.4% YoY versus the Indian Pharmaceutical Market (IPM) which grew by 8.7% The company outperformed the IPM in antidiabetic, neuro/CNS, gastro-intestinal, dermatology, and VMN therapies, and our ranking has improved in neuro/CNS and respiratory therapies. During the quarter, the company launched 1 product in the US and received approval for 3 abbreviated new drug applications (ANDAs) from the USFDA, including one tentative approval. As of 30 June 2024, the firm had filed 176 ANDAs and 2 NDAs with the USFDA. Of these, it had received approvals for 148 ANDAs (including 14 tentative approvals) and 2 NDA. Dr Vikas Gupta, CEO, Alkem said, 'We are happy that our efforts to improve profitability have started paying off, and we have seen a marked increase in margins during the quarter. We are committed to maximising our EBITDA margin by carefully managing our product mix, controlling costs, and taking advantage of the favourable raw material pricing environment. The domestic business is our stronghold, and we expect to build on it by furthering the growth of our large brands and bridging portfolio gaps. Simultaneously, we are also focusing on growing our business in emerging markets. During the quarter, an important development was the successful resolution of US FDA's Form 483 at the Baddi facility. At Alkem, we remain steadfast to prioritising quality and regulatory compliance.' Alkem Laboratories is engaged in pharmaceutical business with global operations. The company is engaged in the development, manufacture and sale of pharmaceutical and nutraceutical products. Shares of Alkem Laboratories declined 0.36% to currently trade at Rs 5,667 on the BSE.Powered by Capital Market - Live

Net profit of Alkem Laboratories rose 90.13% to Rs 545.16 crore in the quarter ended June 2024 as against Rs 286.73 crore during the previous quarter ended June 2023. Sales rose 2.16% to Rs 3031.82 crore in the quarter ended June 2024 as against Rs 2967.72 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales3031.822967.72 2 OPM %20.0813.11 - PBDT699.84425.26 65 PBT619.36352.85 76 NP545.16286.73 90 Powered by Capital Market - Live

Alkem Laboratories Ltd rose for a fifth straight session today. The stock is quoting at Rs 5695.7, up 3.33% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.03% on the day, quoting at 24305.1. The Sensex is at 79482.87, up 0.02%. Alkem Laboratories Ltd has added around 6.98% in last one month. Meanwhile, Nifty Pharma index of which Alkem Laboratories Ltd is a constituent, has added around 7.61% in last one month and is currently quoting at 22036.95, up 0.82% on the day. The volume in the stock stood at 4.32 lakh shares today, compared to the daily average of 2.2 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 5732.5, up 3.51% on the day. Alkem Laboratories Ltd is up 34.74% in last one year as compared to a 23.8% jump in NIFTY and a 41.54% jump in the Nifty Pharma index.The PE of the stock is 36.6 based on TTM earnings ending March 24.Powered by Capital Market - Live

Alkem Laboratories Ltd gained for a third straight session today. The stock is quoting at Rs 5407.35, up 1.75% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.49% on the day, quoting at 24172.6. The Sensex is at 79177.29, up 0.53%. Alkem Laboratories Ltd has risen around 3.55% in last one month. Meanwhile, Nifty Pharma index of which Alkem Laboratories Ltd is a constituent, has risen around 7.21% in last one month and is currently quoting at 21583.05, up 0.96% on the day. The volume in the stock stood at 1.58 lakh shares today, compared to the daily average of 2.09 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 5442.9, up 2.18% on the day. Alkem Laboratories Ltd is up 30.87% in last one year as compared to a 23.35% spurt in NIFTY and a 40.77% spurt in the Nifty Pharma index.The PE of the stock is 35.24 based on TTM earnings ending March 24.Powered by Capital Market - Live

Alkem Laboratories will hold a meeting of the Board of Directors of the Company on 9 August 2024.Powered by Capital Market - Live