Abbott India jumps on strong quarterly results

Abbott India

16/05/2025 06:07

** Abbott India ABOT.NS jumps 3.5% post Q4 results

** Drugmaker's profit rises 28% y/y in Q4; rev from ops up 11%

** Co's earnings boosted by strong demand for gastrointestinal and anti-infective drugs

** Stock is top gainer in nifty pharma index .NIPHARM, which is down 0.4%

** YTD shares up 2%, set to extend gains for a second straight session

** Broader market nifty 50 index .NSEI down 0.2% on Friday

 (Reporting by Yagnoseni Das in Bengaluru)

 ((Yagnoseni.Das@thomsonreuters.com;))