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On December 12, Abbott India Ltd posted gains for the fifth consecutive session. The stock rose 0.82%. The benchmark Nifty was down about 0.01% on the day. The Sensex fell 0.04%. Abbott India Ltd gained around 3.33% on November 22.
Meanwhile, Abbott India Ltd’s Nifty Metal index was up around 2.07% on November 22 after losing 0.19% in the most recent session. Volume on December 12 was 5,109 shares, compared with a November 22 daily average of 13,476 shares.
In the December futures contract, the stock was up 1.12%. Abbott India Ltd rose 12.32% in 2021 compared to a 6.49% spurt in Nifty and a 5.08% spurt in the Nifty Metal index.
As of September, the PE of the stock is 49.18 based on TTM earnings.
