Abbott India Reaches All-Time High Amid Strong Market Momentum and Outperformance

Abbott India has shown significant activity today, gaining 3.41% and reaching a new 52-week and all-time high of Rs. 32,775. The stock has outperformed its sector by 3.57%, reflecting strong momentum as it has recorded consecutive gains over the past three days, accumulating a total return of 5.46% during this period.
In terms of moving averages, Abbott India is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a robust upward trend. The stock's performance metrics reveal a solid standing in the market, with a one-day performance of 3.74% compared to the Sensex's 0.31%. Over the past week, Abbott India has delivered a return of 6.69%, significantly higher than the Sensex's 2.03%.

Looking at longer-term performance, Abbott India has achieved an impressive 18.86% increase over the past year, while the Sensex has only risen by 5.52%. Year-to-date, Abbott India has gained 10.71%, outperforming the Sensex's 6.24%. Over three years, the stock has surged by 81.61%, compared to the Sensex's 57.44%.