Abbott India rose 2.4% to Rs 3,903 at 11:28 IST on BSE, with the stock extending its recent sharp rally.
Meanwhile, the S&P BSE Sensex was up 324.13 points or 1.18% at 27,831.67.
On BSE, so far 2,218 shares were traded in the counter as against average daily volume of 2,283 shares over the past one quarter.
The stock hit a high of Rs4,444.05 so far during the day, which is a record high for the counter. The stock hit a low of Rs 3,742 so far during the day. The stock had hit a 52-week low of Rs 1,590 3 February 2014.
The stock had outperformed the market over the past one month till 1 January 2015, jumping 8.5% compared with the Sensex's 3.68% fall. The scrip had also outperformed the market in past one quarter, surging 16.25% as against Sensex's 3.54% rise.
The mid-cap company has equity capital of Rs 21.25 crore. Face value per share is Rs 10.
More From This Section
Shares of Abbott India have rallied 15.35% in nine trading sessions from a recent low of Rs 3,383.45 on 19 December 2014.
Abbott India's net profit jumped 41% to Rs 63.74 crore on 29.8% growth in net sales to Rs 577.42 crore in Q2 September 2014 over Q2 September 2013.
Abbott India is a diversified health care company engaged in discovery, development, manufacture and marketing of pharmaceutical, diagnostic, nutritional and hospital products.
Powered by Capital Market - Live News