Abbott India Ltd up for third straight session

Abbott India Ltd is quoting at Rs 20650, up 1.39% on the day as on 12:49 IST on the NSE. The stock is up 19.66% in last one year as compared to a 2.07% slide in NIFTY and a 13.42% slide in the Nifty Metal index.

Abbott India Ltd rose for a third straight session today. The stock is quoting at Rs 20650, up 1.39% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.25% on the day, quoting at 16929.35. The Sensex is at 57448.28, down 0.19%. Abbott India Ltd has gained around 2.15% in last one month.

Meanwhile, Nifty Metal index of which Abbott India Ltd is a constituent, has gained around 3.5% in last one month and is currently quoting at 11633.95, up 0.81% on the day. The volume in the stock stood at 3314 shares today, compared to the daily average of 9776 shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 20800, up 1.5% on the day. Abbott India Ltd is up 19.66% in last one year as compared to a 2.07% slide in NIFTY and a 13.42% slide in the Nifty Metal index.

The PE of the stock is 46.57 based on TTM earnings ending December 22.

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