Abbott India Ltd up for five straight sessions
Abbott India Ltd rose for a fifth straight session today. The stock is quoting at Rs 31190, up 1.12% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.39% on the day, quoting at 24780.3. The Sensex is at 81439.19, up 0.31%. Abbott India Ltd has added around 0.56% in last one month.
Meanwhile, Nifty Pharma index of which Abbott India Ltd is a constituent, has added around 1.38% in last one month and is currently quoting at 21456.15, up 1.3% on the day. The volume in the stock stood at 8113 shares today, compared to the daily average of 8871 shares in last one month.
The PE of the stock is 46.26 based on TTM earnings ending March 25.
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Also Read: If TCS is truly preparing for the future, introspection must start in the C-suite Conclusion Just because a stock is down doesn't mean it's a bargain. Sometimes it's just broken and stays that way. The IT companies here are growing. Some are investing aggressively. Others are rebuilding. But the risk is that not all of them will come out stronger. Competitive pressure can be a catalyst. It forces companies to evolve, sharpen their edge, and come back better. However, the same pressure can expose weak business models, poor leadership, or over-reliance on legacy clients. That's how value picks quietly become value traps. So tread carefully. A falling stock price isn't a green light to invest. It's an invitation to investigate. Ask the question: Is this a temporary setback or a structural issue? Is the company gaining relevance or losing it? Smart investing is less about catching the bottom and more about knowing what you're actually buying. Therefore, it's important to conduct thorough research on financials and corporate governance before making investment decisions, ensuring they align with your financial goals and risk tolerance. Happy Investing. Disclaimer: This article is for information purposes only. It is not a stock recommendation and should not be treated as such. This article is syndicated from
Mint
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Indian stock market: 7 things that changed for market overnight - Gift Nifty, Trump's tariff threat to Wall Street rally
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