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Adarsh Nimborkar (SEBI IA)

3rd Mar 2025 · SEBI-Registered Analyst

ABBOTINDIA
PROFIT BOOKING LEVEL

1. Current Price and Trading Information: Current Price: ₹31,160 Previous Closing Price: ₹30,395 Intraday High: ₹31,215 52-Week Range: ₹24,316 - ₹36,475 2. Financial Metrics: Earnings Per Share (EPS): ₹627.98 Price-to-Earnings (P/E) Ratio: 48.52 Book Value: ₹1,656.99 per share Price-to-Book (P/B) Ratio: 18.39 Market Capitalization: ₹64,750 crore Trading Volume: 17,580 shares 3. Market Sentiments and Industry Trends: Abbott India operates in the growing Indian healthcare sector. The Indian healthcare market is expected to grow at a CAGR of 12%, reaching ₹26.5 lakh crore by FY 2028. The hospital industry is projected to grow at 5.75% CAGR, reaching ₹12.8 lakh crore by 2032. Emerging trends include telemedicine, remote monitoring, AI-based diagnostics, healthcare SaaS, and mergers & acquisitions. 4. Comparison with Competitors: Abbott India's P/E ratio (48.52) is higher than the industry average (39.51), indicating higher growth expectations. However, 5-year sales growth has been 9.72%, which is considered moderate. 5. Market Capitalization and Category: Market Capitalization: ₹64,750 crore Category: Large-cap company 5. STRONG RESISTANCE: 33,000 IS A STRONG RESISTANCE LEVEL, THOSE WHO HAVE HOLDING CAN LOOK FORWARD FOR BOOKING PROFITS

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