Abbott India hits all-time high

Abbott India rose 1.49% to Rs 9,850.15, extending recent gains amid strong buying support.

Shares of Abbott India gained 3.82% in two trading sessions to its current market price of Rs 9,850.15, from a recent closing low of Rs 9,486.85 on 5 September 2019.

On BSE, 511 shares were traded in Abbott India counter, compared to a 2-week average of 1,968 shares. The stock hit an intraday high of Rs 9,998.95, which is also a record high for the counter. It hit an intraday low of Rs 9,771.80. It hit a 52-week low of Rs 6,900 on 26 October 2018.

 

The stock outperformed the market over the past one month, rising 15.05% compared with 0.01% rise in the Sensex. It also outperformed the market in past one year, advancing 14.31% as against Sensex's 3.30% rise.

Abbott India is a healthcare company engaged in pharmaceuticals business. The pharmaceutical company has a portfolio of science-based offerings in diagnostics, medical devices, nutritionals and branded generic pharmaceuticals.

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