ABBOTT INDIA at All Time High; BSE HEALTHCARE Index Up 0.2%
September 6, 2019 03:33 PM

ABBOTT INDIA share price has hit an all-time high at Rs 9,720 (up 2.4%).

Meanwhile, the BSE HEALTHCARE Index is at 12,971 (up 0.2%).

Among the top gainers in the BSE HEALTHCARE Index today are ABBOTT INDIA (up 2.4%) and PROCTER & GAMBLE HEALTH (up 0.1%).

GLENMARK PHARMA (down 0.1%) and GRANULES INDIA (down 0.1%) are among the top losers today.

Over the last one year, ABBOTT INDIA has moved up from Rs 8,284 to Rs 9,720, registering a gain of Rs 1,436 (up 17.2%).

The BSE HEALTHCARE has moved down from 15,820 to 12,971, loss of 2,849 points (down 18.2%) during the last 12 months.

The top gainers among the BSE HEALTHCARE Index stocks during this same period were PROCTER & GAMBLE HEALTH (up 32.0%), APOLLO HOSPITALS (up 31.4%) and DIVIS LABORATORIES (up 28.0%).

What About the Benchmark Indices?

The BSE Sensex is at 37,013 (up 0.9%). The top gainers among the BSE Sensex stocks today are MARUTI SUZUKI (up 4.1%), TATA STEEL (up 3.5%) and AXIS BANK (up 3.5%). Other gainers include TATA MOTORS DVR (up 3.4%) and NTPC (up 3.3%). The most traded stocks in the BSE Sensex are TATA MOTORS and ONGC.

In the meantime, NSE Nifty is at 10,957 (up 0.9%). The top gainers in the NSE Nifty include MARUTI SUZUKI (up 3.9%), TECH MAHINDRA (up 3.9%) and TATA STEEL (up 3.4%). Other gainers include NTPC (up 3.3%) and AXIS BANK (up 3.2%).

Over the last 12 months, the BSE Sensex has moved down from 38,018 to 37,013, registering a loss of 1,005 points (down 2.7%).

ABBOTT INDIA Financial Update...

ABBOTT INDIA net profit down at Rs 1 billion for the quarter ended June 2019, compared to a loss of Rs 1 billion a year ago. Net Sales rose 5.4% to Rs 10.0 billion during the period as against Rs 9.5 billion in April-June 2018.

For the year ended March 2018, ABBOTT INDIA reported 45.0% increase in net profit to Rs 4.0 billion compared to net profit of Rs 2.8 billion during FY17.

Revenue of the company grew 12.5% to Rs 33 billion during FY18.

The current Price to earnings ratio of ABBOTT INDIA, based on rolling 12 month earnings, stands at 42.6x.