ABBOTT INDIA Surges by 6%; BSE HEALTHCARE Index Up 5.2%
March 20, 2020 12:34 PM

ABBOTT INDIA share price has zoomed 6% and is presently trading at Rs 14,029.

Meanwhile, the BSE HEALTHCARE Index is at 11,996 (up 5.2%).

Among the top Gainers in the BSE HEALTHCARE Index today are ABBOTT INDIA (up 5.8%) and DR. REDDYS LAB (up 7.6%).

THYROCARE TECHNOLOGIES and SHILPA MEDICARE (down 2.5%) are among the top losers today.

Over the last one year, ABBOTT INDIA has moved up from Rs 7,347 to Rs 14,029, registering a gain of Rs 6,682 (up 90.9%).

On the other hand, the BSE HEALTHCARE has moved down from 14,270 to 11,996, loss of 2,274 points (down 16.0%) during the last 12 months.

The top gainers among the BSE HEALTHCARE Index stocks during this same period were ABBOTT INDIA (up 90.9%), J.B.CHEMICALS (up 60.9%) and IPCA LABS (up 51.2%).

What About the Benchmark Indices?

The BSE Sensex is at 29,666 (up 4.4%).

The top gainers among the BSE Sensex stocks today are ONGC (up 14.2%), TCS (up 12.3%) and HCL TECHNOLOGIES (up 11.3%). Other gainers include HUL (up 9.4%) and TECH MAHINDRA (up 9.3%). The most traded stocks in the BSE Sensex are ONGC and SBI.

In the meantime, NSE Nifty is at 8,694 (up 5.2%). The top gainers in the NSE Nifty include ONGC (up 14.5%), TCS (up 13.8%) and GAIL (up 12.9%). Other gainers include HCL TECHNOLOGIES (up 11.1%) and BAJAJ FINANCE (up 10.7%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,363 to 29,666, registering a loss of 8,697 points (down 23.03%).

ABBOTT INDIA Financial Update...

ABBOTT INDIA net profit stood at Rs 2 billion for the quarter ended December 2019, compared to a profit of Rs 1 billion a year ago. Net Sales rose 13.8% to Rs 10.8 billion during the period as against Rs 9.5 billion in October-December 2018.

For the year ended March 2019, ABBOTT INDIA reported 12.2% increase in net profit to Rs 4.5 billion compared to net profit of Rs 4.0 billion during FY18.

Revenue of the company grew 11.2% to Rs 37 billion during FY19.

The current Price to earnings ratio of ABBOTT INDIA, based on rolling 12 month earnings, stands at 50.1x.