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Alkem Laboratories Ltd (ALKEM)

₹3651.850.91%

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Overview
Fundamentals
Q1 '23 Results
Technicals
News and Events

Overview of Alkem Laboratories Ltd

What's happening in Alkem Laboratories Ltd

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    Today's Timeline - 21 Sep

    03:25 PM

    -

    Alkem Laboratories brands its active pharmaceutical ingredients business as Alkem Activa, aims to become a global player in the sector.

Key events for Alkem Laboratories Ltd

  • Alkem Laboratories Rebrands API Business as Alkem Activa - 21 Sep, 2023

    Alkem Laboratories Ltd has rebranded its active pharmaceutical ingredients (API) business as Alkem Activa. The company aims to produce high-quality APIs and expand capacity with advanced technologies to become a reliable supplier of quality APIs worldwide.

  • Alkem Labs Appoints New CEO Amidst Income Tax Survey - 15 Sep, 2023

    Shares of Alkem Laboratories Ltd fell nearly 2% after the income tax department conducted a survey at some of its offices and subsidiaries. The company is fully cooperating with officials. Additionally, the board appointed Dr. Vikas Gupta as CEO effective September 22, 2023.

  • IT Survey Conducted at Alkem Labs Offices - 14 Sep, 2023

    The Income Tax Department conducted a survey at multiple offices and subsidiaries of Alkem Laboratories Ltd. The company is fully cooperating with the officials of the IT Department. Additionally, Alkem Laboratories has low net debt.

  • Alkem Laboratories among stocks with long build-up - 12 Sep, 2023

    According to recent reports, Alkem Laboratories is one of the stocks that experienced a long build-up.

  • Alkem Laboratories Stock Slips 0.45% - 09 Sep, 2023

    Shares of Alkem Laboratories Limited closed at Rs 3,621.25 on Friday, slipping around 0.45% compared to the previous closing levels. The company's stock is currently trading at a discount of approximately 15% from its 52-week high in August 2023.

  • Alkem Labs Reports Surge in Operating Profit - 24 Aug, 2023

    Alkem Laboratories reports surge in operating profit of over 91% YoY, while revenue grew by just 15%. The company also received a decent approval for US growth.

  • Alkem Labs Stock Falls on Sales Outlook - 17 Aug, 2023

    Alkem Laboratories Ltd's stock fell 9% over two days as its FY24 India sales are expected to miss double-digit growth. However, it still presents an opportunity for investors due to the revival of the US generic market.

  • Alkem Laboratories Delivers Better-Than-Expected 1QFY24 Performance - 16 Aug, 2023

    Alkem Laboratories (ALKEM) reported strong growth in international markets, including the US, Chile, the UK, Kazakhstan and the Philippines. However, earnings estimates have been cut for FY24/FY25 due to unfavorable seasonality effects in domestic formulation segment and increased tax rates. Maintain Neutral.

  • Alkem Laboratories Records Marginal Growth in Indian Pharma Market - 14 Aug, 2023

    Alkem Laboratories Ltd recorded a marginal growth of 2.4% YoY in the Indian pharma market in July.

  • Alkem Labs Shares Fall After Earnings Release - 11 Aug, 2023

    Shares of Alkem Laboratories Ltd fell by 9% following the release of its Q1FY24 earnings report, which showed underperformance of domestic business and lowered revenue guidance for FY24.

  • Alkem Labs Reports Strong Q1 Results and Dividend Announcement - 10 Aug, 2023

    Alkem Laboratories Ltd reported strong Q1 results with a YoY surge in PAT by 124.6%, revenue up 15.2%. The company also announced a dividend of ₹7.5 per share. Alkem is one of the 10 stocks exhibiting notable overbought characteristics.

  • Alkem Laboratories Hits New Highs - 09 Aug, 2023

    Alkem Laboratories Ltd's share price hits a new 52-week high of Rs 4,229.40 and has seen a significant increase over the past month.

  • Alkem Labs Hits All-Time High, LIC Trims Stake - 08 Aug, 2023

    Alkem Laboratories Ltd's stock hit an all-time high last week while LIC trimmed its stake worth Rs 886 crore.

  • Alkem Laboratories to Pay Dividend of Rs 10 per Share - 06 Aug, 2023

    Alkem Laboratories Limited will pay a dividend of ₹10.00 per share on September 24th, with an ex-dividend date of August 10th.

  • Alkem Laboratories Hits New 52-Week High - 03 Aug, 2023

    Alkem Laboratories Ltd's stock achieves a significant milestone by hitting a new 52-week high of Rs 4,080.00.

  • Alkem Laboratories Hits All-Time Highs - 31 Jul, 2023

    Alkem Laboratories Ltd's stock hit fresh all-time highs, while also being in an overbought zone with an RSI of 81.86.

  • Pharma Stocks Rally, Alkem Up 32% - 30 Jul, 2023

    Alkem Laboratories Ltd's stock has witnessed a spectacular rally, up 32% YTD, along with other pharma stocks. Cipla and Alkem already have a significant presence in the segment.

  • Insiders Hold Majority Stake in Alkem Laboratories - 28 Jul, 2023

    Top 4 shareholders, including individual insiders and top executives, own 51% of Alkem Laboratories. Samprada & Nanhamati Singh Family Trust is the largest shareholder with a 21% stake. Hedge funds have minimal shares.

  • Alkem Labs Gains in Realty Sector, LIC Sells Stake - 27 Jul, 2023

    Alkem Laboratories Ltd saw gains of around 2% in the realty sector while LIC sold a portion of its stake in the company for ₹936.3 crore during Q1 FY24.

  • Analysts Caution Against Alkem Laboratories Stock - 21 Jul, 2023

    Alkem Laboratories stock has only returned 8.63% over the past three months, compared to Torrent and JB stocks which have delivered 22.24% returns each. Analysts caution against investing in Alkem.

Analyst Rating

based on 22 analysts

SELL
13.64%
Buy
40.91%
Hold
45.45%
Sell

Based on 22 analysts offering long term price targets for Alkem Laboratories Ltd. An average target of ₹3673.05

Source: S&P Global Market Intelligence

Alkem Laboratories Ltd Performance

  • ₹3645
    ₹3690
    ₹3651.85
    downward going graph

    0.19%

    Downside

    Day's Volatility:1.23%

    Upside

    1.04%

    downward going graph
  • ₹2940.05
    ₹4243
    ₹3651.85
    downward going graph

    19.49%

    Downside

    52 Weeks Volatility:35.68%

    Upside

    16.19%

    downward going graph
1 Month Return-3.61 %
3 Month Return8.71 %
1 Year Return13.54 %
Previous Close₹3,685.25
Open₹3,690.00
Volume1.47L
Market Cap₹44,062.69Cr

Alkem Laboratories Ltd Company Information

Alkem Laboratories Ltd is a leading pharmaceutical company founded in 1973 by Mr. Samir C. Desai.

With its headquarters in Mumbai, India, Alkem Laboratories is engaged in the manufacture of a wide range of pharmaceutical products across multiple therapeutic categories, including cardiovascular, central nervous system, gastro-intestinal, anti-infective, diabetology, and nutrition. The company has a strong presence in the Indian market and exports its products to over 50 countries.

Share Price: ₹3651.85 per share as on 21 Sep, 2023 04:01 PM
Market Capitalisation: ₹44,062.69Cr as of today
Revenue: ₹2,971.27Cr as on March 2023 (Q1 23)
Net Profit: ₹70.98Cr as on March 2023 (Q1 23)
Listing date: 23 Dec, 2015
Chairperson Name: Basudeo N Singh
OrganisationAlkem Laboratories Ltd
HeadquartersMumbai
IndustryPharmaceuticals
E-voting on sharesClick here to vote

Fundamentals of Alkem Laboratories Ltd

Insights on Alkem Laboratories Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up
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    Mutual Funds have increased holdings from 10.19% to 11.45% in Jun 2023 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up
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    Foreign Institutions have increased holdings from 4.44% to 5.64% in Jun 2023 quarter

  • imgNO EFFECT

    Against Peers
    img

    In the last 1 year, Dr Reddys Laboratories Ltd has given 35.2% return, outperforming this stock by 21.7%

  • imgNO EFFECT

    Against Peers
    img

    In the last 3 years, Sun Pharmaceuticals Industries Ltd has given 129.0% return, outperforming this stock by 100.3%

  • imgNO EFFECT

    Promoter Holding Unchanged
    img

    Promoters holdings remained unchanged at 57.16% of holdings in Jun 2023 quarter

  • imgNEGATIVE IMPACT

    Price Dip
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    In the last 1 month, ALKEM stock has moved down by -3.6%

  • imgNEGATIVE IMPACT

    Profit Down
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    Netprofit is down for the last 2 quarters, 454.71 Cr → 70.98 Cr (in ₹), with an average decrease of 84.4% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down
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    Retail Investor have decreased holdings from 21.70% to 20.86% in Jun 2023 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall
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    Revenue is down for the last 3 quarters, 3.13K Cr → 2.97K Cr (in ₹), with an average decrease of 2.6% per quarter

Alkem Laboratories Ltd Valuation

Alkem Laboratories Ltd in the last 5 years

  • Overview

  • Trends

Lowest (20.07x)

March 24, 2021

Today (38.54x)

September 20, 2023

Industry (48.78x)

September 20, 2023

Highest (44.21x)

August 9, 2023

LowHigh

Mutual Fund Holdings

Funds Holdings
DSP Midcap Fund Direct Plan GrowthDSP Midcap Fund Direct Plan Growth4.74%
Nippon India Growth Fund - Direct Plan - GrowthNippon India Growth Fund - Direct Plan - Growth1.57%
Axis Midcap Fund Direct Plan GrowthAxis Midcap Fund Direct Plan Growth1.03%
SBI Large & Midcap Fund Direct GrowthSBI Large & Midcap Fund Direct Growth1.39%
ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan GrowthICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth1.68%

Alkem Laboratories Ltd Shareholding Pattern

InvestorsHoldings %Prev. 2 periods3M change
Promoter Holdings
57.16%
0.00
Foreign Institutions
5.64%
26.84
Mutual Funds
11.45%
12.33
Retail Investors
20.86%
-3.88
Others
4.89%
-24.73

Technicals of Alkem Laboratories Ltd

News & Events of Alkem Laboratories Ltd

Frequently Asked Questions

Alkem Laboratories Ltd (ALKEM) share price today is ₹3651.85

  • Today’s highest price of Alkem Laboratories Ltd is ₹3690.
  • Today’s lowest price of Alkem Laboratories Ltd is ₹3645.

Today’s traded volume of Alkem Laboratories Ltd(ALKEM) is 1.47L.

Today’s market capitalisation of Alkem Laboratories Ltd(ALKEM) is ₹44062.69Cr.

Alkem Laboratories Ltd(ALKEMPrice
52 Week High
₹4243
52 Week Low
₹2940.05

Alkem Laboratories Ltd(ALKEM) share price is ₹3651.85. It is down -13.93% from its 52 Week High price of ₹4243

Alkem Laboratories Ltd(ALKEM) share price is ₹3651.85. It is up 24.21% from its 52 Week Low price of ₹2940.05

Alkem Laboratories Ltd(ALKEMReturns
1 Day Returns
-33.4%
1 Month Returns
-3.61%
3 Month Returns
8.71%
1 Year Returns
13.54%