Abbott India
Industry Pharmaceuticals
Code NSE: ABBOTINDIA | BSE: 500488
Market Cap Rs 33,630Cr (USD 4.41 Bn)
1 Yr Return +115%
CMP First Reached -
Date Added 7th April 2020
CM Framework Reasonably Valued Core
CMP Rs 16,699
Recommendation Buy
Why we like this stock:
Expensive but very strong MNC Owned Pharma stock Owns big OTC brands like Brufen, Digene, Thyronorm (thyroid) etc Also big on certain drugs like Duphaston (infertility), Vertin (Vertigo) and licensed vaccines ROE of 24% and profit growth of 22% CAGR in 10 years