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Abbott India shares surge over 12% on Q2 profit

Press Trust of India  |  New Delhi 

of drug firm today soared over 12 per cent after the company reported 83.31 per cent jump in net profit for the September quarter.

The stock zoomed 12.33 per cent to settle at Rs 5,056.15 on During the day, it jumped 19.99 per cent to Rs 5,401.30 -- its 52-week high.

At NSE, of the company advanced by 11.90 per cent to end at Rs 5,048.05.

today reported 83.31 per cent jump in net profit to Rs 137.52 crore for the September quarter on account of robust sales.

It had posted a net profit of Rs 75.02 crore for the corresponding period of last fiscal, said in a filing to

Total of the company also rose to Rs 946.04 crore for the July-September quarter of 2017-18 against Rs 743.78 crore in the same quarter of 2016-17.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, November 13 2017. 18:48 IST