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STOCK MARKET

Abbott India Ltd Soars 1.01 Percent

Abbott India Ltd is rising 1.01 per cent for a third straight session. The company’s shares are quoted at Rs 20750.1, up 1.01 per cent on the National Stock Exchange (NSE). The benchmark NIFTY is down around 0.49 per cent, quoting at 17254.95. The Sensex is at 57869.1, down 0.42 per cent. Abbott India Ltd has added around 9.53 per cent in June month. Currently, the stock has down by 0.25 per cent. The volume in the stock stood at 12334 shares today, compared to the daily average of 12496 shares in Q1FY23.

Under the futures contract, the stock is quoting at Rs Rs 20837.75, up 2.18 per cent. Abbott India is up 7.7 per cent in the last year compared to a 6.97 per cent gain in NIFTY and a 13.06 per cent gain in the Nifty Metal index. In March, ending of FY22, the Private Equity stock is 54.65 based on TTM earnings.

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