Abbott India hits record high on Q3 profit rise
** Shares of Abbott India ABOT.NS up as much as 8.2% to a
record high of 28,000 rupees
** Stock posts biggest intraday pct gain since Oct. 2021
** The drugmaker reported a 26% jump in its third-quarter
profit; rev from ops rose 8.7%
** Avg rating of six analysts close to equivalent of "buy;"
median PT is 26,310 rupees - LSEG
(Reporting by Navamya Ganesh Acharya in Bengaluru)
((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))
Recent news on Abbott India
See all newsJP Morgan downgrades Abbott India to 'neutral' citing growth headwinds
Brief: Abbott India Partners With Novo Nordisk India To Launch Extensior
Brief: Abbott India Dec-Quarter Profit 3.76 Billion Rupees
Brief: Abbott India Receives Tax Penalty Of 24 Million Rupees
Brief: Central Government Approves Kartik Rajendran As MD of Abbott India