Current price is more than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Based on the open interest percentage, a total of 78 stocks saw a long build-up on Friday, including Balrampur Chini Mills, NALCO, Persistent Systems, Alkem Laboratories, and Birlasoft.

Trade setup for today: Top 15 things to know before the opening bell

Stocks to watch out for today: Tata Motors, Wipro, Siemens, NDTV, DB Realty, Suven Pharmaceuticals, Alkem Laboratories and more

Stocks in news: Tata Motors, Wipro, Siemens, NDTV and more

Alkem Laboratories has informed exchanges that Eight Roads Ventures India Healthcare IV LP and F-Prime Capital Partners Life Sciences Fund VI LP will pick an 8% stake in Alkem subsidiary Enzene Biosciences for Rs 161.48 crore.

Alkem Lab to sell 8% stake in Enzene Biosciences

Eight Roads Ventures and F-Prime Capital will acquire 8% stake in its arm Enzene Biosciences Ltd. for Rs 161.48 crore

Eight Roads Ventures, F-Prime Capital To Acquire 8% Stake In Alkem Labs’ Arm

Alkem Laboratories Ltd is quoting at Rs 3055.65, down 0.25% on the day as on 13:19 IST on the NSE. The stock tumbled 10.32% in last one year as compared to a 8.2% rally in NIFTY and a 3.77% fall in the Nifty Metal index.

Alkem Laboratories Ltd slips for fifth straight session

Based on the open interest future percentage, a short build-up is seen in 84 stocks, including Nifty Financial, Crompton Greaves Consumer Electrical, Delta Corp, Alkem Laboratories, and Jubilant Foodworks

Based on the open interest future percentage, there were 52 stocks in which a short build-up was seen including Sun TV Network, Bharat Forge, Alkem Laboratories, Nifty Financial, and BHEL.

Stocks to watch today: LIC, M&M, Adani Power, Hindalco Industries will report the July-September (Q2FY23) quarter results on Friday, November 11

Stocks to watch: M&M, Eicher Motors, Zomato, Adani Green, Alkem Labs, JSPL

Alkem Laboratories Ltd is quoting at Rs 3298.15, up 2.22% on the day as on 12:49 IST on the NSE. The stock is down 9.66% in last one year as compared to a 1.37% gain in NIFTY and a 1.98% gain in the Nifty Metal index.

Alkem Laboratories Ltd soars 2.22%, up for third straight session

Based on the open interest future percentage, there were 81 stocks including Alkem Laboratories, Britannia Industries, Torrent Pharma, NTPC, and JK Cement, in which a long build-up was seen

Based on the open interest future percentage, there were 151 stocks, in which short-covering was seen including Nifty Financial, Alkem Laboratories, Aarti Industries, Power Finance Corporation, and Power Grid Corporation of India.

Alkem Laboratories Limited is engaged in the development, manufacture and sale of pharmaceutical and neutraceutical products.

Alkem Laboratories Ltd

Alkem Laboratories Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Trade setup for today: Top 15 things to know before the opening bell

Stocks in news: Tata Motors, Wipro, Siemens, NDTV and more

Alkem Lab to sell 8% stake in Enzene Biosciences

Eight Roads Ventures, F-Prime Capital To Acquire 8% Stake In Alkem Labs’ Arm

Alkem Laboratories Ltd slips for fifth straight session

Trade setup for today: Top 15 things to know before the opening bell

Trade setup for today: Top 15 things to know before the opening bell

Alkem Laboratories Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Trade setup for today: Top 15 things to know before the opening bell

Stocks in news: Tata Motors, Wipro, Siemens, NDTV and more

Alkem Lab to sell 8% stake in Enzene Biosciences

Eight Roads Ventures, F-Prime Capital To Acquire 8% Stake In Alkem Labs’ Arm

Alkem Laboratories Ltd slips for fifth straight session

Trade setup for today: Top 15 things to know before the opening bell

Trade setup for today: Top 15 things to know before the opening bell

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock