Abbott India Reaches New 52-Week High, Signaling Strong Market Resilience
Abbott India, a prominent player in the Pharmaceuticals & Drugs industry, has shown significant activity today, reaching a new 52-week high of Rs. 31,098.95. This milestone was achieved on March 3, 2025, marking a notable performance in the market. The stock has outperformed its sector by 1.95%, reflecting its strong position within the industry.Over the past two days, Abbott India has demonstrated a consecutive gain, with returns of 3.44%. Today's trading session saw the stock reach an intraday high of Rs. 31,098.95, representing a 2.04% increase, while it also experienced a low of Rs. 29,782.35, down by 2.28%.
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. Over the past year, the stock has delivered a performance of 10.71%, significantly outperforming the Sensex, which has seen a decline of 1.01%. This performance underscores Abbott India's strong market position and resilience in the current economic landscape.
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