Abbott India jumped 3.75% to Rs 1,565.30 at 10:10 IST on BSE after net profit jumped 170.3% to Rs 46.22 crore on 14.6% growth in net sales to Rs 402.83 crore in Q2 June 2012 over Q2 June 2011.
The company announced the results after market hours on Wednesday, 8 August 2012.
Meanwhile, the BSE Sensex was up 63.24 points or 0.36% to 17,663.80.
On BSE, 2,172 shares were traded in the counter as against average daily volume of 1,069 shares over the past one quarter.
The stock hit a high of Rs 1,579.90 and a low of Rs 1,524.40 so far during the day. The stock had hit a record high of Rs 1,807 on 16 April 2012. The stock had hit a 52-week low of Rs 1,375.05 on 1 June 2012.
The mid-cap stock had underperformed the market over the past one month till 8 August 2012, rising 0.16% compared with the Sensex's 0.45% rise. The scrip had also underperformed the market in past one quarter, falling 3.62% as against Sensex's 6.37% rise.
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The company has equity capital of Rs 21.25 crore. Face value per share is Rs 10.
Abbott India is a diversified health care company engaged in discovery, development, manufacture and marketing of pharmaceutical, diagnostic, nutritional and hospital products.
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