Name: Latest research reports of Abbott India Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Abbott India Ltd.
Rating: 5
Author: ICICI Securities Limited

Rising above the challenges

Buy: Abbott India Ltd.

Recommendation Target

ICICI Securities Limited

Abbott India (Abbott) has been a consistent performer. Its strong set of brands has helped it report a YoY revenue growth for the last 22 quarters and heckled challenges like competition in existing brands, mandated price cuts. Despite being an MNC, Abbott has served to the local needs better by launching line extensions and entering new therapies.