Abbott India Ltd Share Price – NSE  /  BSE

Pharmaceuticals, Small Cap

The Board of Abbott India has appointed Murari Ranganathan as Commercial Director - Women's Health, Metabolics and International Business effective 02 May 2024. He will be part of the Senior Management team of the Company.

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Abbott India Ltd rose for a third straight session today. The stock is quoting at Rs 27472.2, up 1.3% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.62% on the day, quoting at 22464.8. The Sensex is at 74015.29, up 0.49%. Abbott India Ltd has dropped around 2.52% in last one month.

Meanwhile, Nifty Pharma index of which Abbott India Ltd is a constituent, has dropped around 1.43% in last one month and is currently quoting at 18996.15, up 0.95% on the day. The volume in the stock stood at 6448 shares today, compared to the daily average of 14368 shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 27554.2, up 0.77% on the day. Abbott India Ltd is up 23.44% in last one year as compared to a 29.12% gain in NIFTY and a 58.9% gain in the Nifty Pharma index.

The PE of the stock is 49.98 based on TTM earnings ending December 23.

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Abbott India Ltd dropped for a fifth straight session today. The stock is quoting at Rs 26815, down 0.93% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.16% on the day, quoting at 22061.55. The Sensex is at 72651.46, down 0.25%.Abbott India Ltd has lost around 6.47% in last one month.Meanwhile, Nifty Pharma index of which Abbott India Ltd is a constituent, has eased around 1.07% in last one month and is currently quoting at 18815.6, up 0.24% on the day. The volume in the stock stood at 10058 shares today, compared to the daily average of 12588 shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 26919.55, down 0.68% on the day. Abbott India Ltd jumped 25.15% in last one year as compared to a 29.88% rally in NIFTY and a 58.72% spurt in the Nifty Pharma index.

The PE of the stock is 50.23 based on TTM earnings ending December 23.

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Abbott India announced the resignation of Vivek V Kamath (DIN: 06606777) as Managing Director and Director of the Company, effective close of business hours of 18 March 2024, to pursue other opportunities outside the Company.

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