ETMarkets.comAbbott India, incorporated in the year 1944, is a Large Cap company (having a market cap of Rs 49810.49 Crore) operating in Pharmaceuticals sector.
Abbott India key Products/Revenue Segments include Injectables, Tablets, Liquids, Capsules, Service Income, Others, Ointments, Granules, Powder, Other Operating Revenue, Export Incentives, Scrap for the year ending 31-Mar-2022.
Financials
For the quarter ended 31-03-2023, the company has reported a Standalone Total Income of Rs 1392.72 Crore, up 1.92 % from last quarter Total Income of Rs 1366.42 Crore and up 9.14 % from last year same quarter Total Income of Rs 1276.07 Crore. Company has reported net profit after tax of Rs 231.42 Crore in latest quarter.
Investment Rationale
The brokerage sees Abbott and Ajanta to likely grow organically at a faster pace of 15-16%
Promoter/FII Holdings
Promoters held 74.99 per cent stake in the company as of March 2023 quarter, while FIIs owned 0.19% stake and DIIs 8.59 per cent.
Thursday, 06 Jul, 2023- Front Page
- Pure Politics
- Companies
- Companies & Sports
- More
Sebi Sends Notice to NSE on Alleged Misuse of SoftwareThe Securities and Exchange Board of India has sought an explanation from the National Stock Exchange over an allegation that some high-frequency traders had manipulated its software to fire thousands of orders, without being detected and crowding out other users from the system.
Adani Promoters may Pare More Stake in Group CompaniesThe promoters of the Adani Group led by billionaire Gautam Adani will continue to pare holdings in group companies in the coming months to create a liquidity buffer that can be deployed to tap new opportunities and infuse equity in various units, said people aware of the matter.
PharmEasy Plans ₹2,400-Cr Rights Issue at 90% Discount to Repay LoanOnline pharmacy major PharmEasy has informed its board and investors that it plans to raise around ₹2,400 crore ($291.5 million) through a rights issue at a 90% discount to its peak stock price, as it looks to repay a loan from Goldman Sachs, said people with knowledge of the matter.
Download The Economic Times News App to get Daily Market Updates & Live Business News.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Get Unlimited Access to The Economic Times 
