Abbott India Shows Strong Market Performance Amid Positive Sector Trends

May 02 2025 03:20 PM IST
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Abbott India Ltd. has demonstrated strong market performance, gaining 3.03% and trading close to its 52-week high. The stock outperformed its sector and reached an intraday high of Rs 30,750. It has shown consistent upward momentum, trading above key moving averages and achieving significant gains over recent months and years.
Abbott India Ltd. has shown significant activity today, gaining 3.03% as of May 2, 2025. The stock is currently trading just 3.74% below its 52-week high of Rs 31,900, indicating strong performance relative to its recent price history. Today, Abbott India outperformed the broader sector by 3.56%, reflecting its robust market position.

The stock reached an intraday high of Rs 30,750, further highlighting its upward momentum. Notably, Abbott India is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its price action.

In the broader market context, the Sensex opened flat but has since gained 0.28%, currently trading at 80,467.00. Mega-cap stocks are leading the market today, contributing to the overall positive sentiment. Over various time frames, Abbott India has demonstrated strong performance metrics, including a 19.00% increase over the past three months and an impressive 80.95% rise over the last three years, significantly outpacing the Sensex during these periods.
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