
Abbott India Ltd soars 3.58%, up for third straight session
Abbott India Ltd rose for a third straight session today. The stock is quoting at Rs 32815, up 3.58% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.53% on the day, quoting at 25378.3. The Sensex is at 83219.23, up 0.56%. Abbott India Ltd has added around 7.89% in last one month.
Meanwhile, Nifty Pharma index of which Abbott India Ltd is a constituent, has added around 0.77% in last one month and is currently quoting at 21804.8, down 0.53% on the day. The volume in the stock stood at 18770 shares today, compared to the daily average of 8156 shares in last one month.
The PE of the stock is 47.61 based on TTM earnings ending March 25.

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Mint
7 minutes ago
- Mint
Recommended stocks to buy on 22 August—top stock picks from market experts
The benchmark Sensex has been in the green for six consecutive sessions, its longest daily winning streak since late April this year. On Thursday, the Nifty50 added 33.20 points or 0.13% to close at 25,083.75, while the BSE Sensex advanced 142.87 points or 0.17%, ending the day at 82,000.71. The Bank Nifty, however, showed relative underperformance, inching up by just 56.95 points or 0.10% to settle at 55,755.45, reflecting profit-taking in financial names. Top three stock picks by Ankush Bajaj for 22 August Buy: Cipla LTD — Current Price: ₹1,592.80 Why it's recommended: Cipla is showing strong bullish momentum. The daily RSI at 66 reflects healthy buying pressure, the MACD is positive at 16 confirming momentum, and the ADX at 18 indicates a developing trend. On the 45-minute timeframe, the stock has given a rectangle breakout, signalling a continuation of the rally after a period of consolidation — a classic technical move that often precedes strong price moves when supported by volume. Key metrics: Pattern: Rectangle breakout on 45-min chart (continuation pattern) MACD: Positive at 16 RSI: Daily RSI at 66, indicating sustained strength ADX: At 18, signaling trend initiation Technical analysis: Sustained price action above ₹1,592 with momentum and trend confirming suggests upside potential toward ₹1,713 Risk factors: Cipla faces risks from potential regulatory challenges in key markets, global supply chain disruptions, rising raw material costs, and pricing pressure in the highly competitive generics industry. Buy at: ₹1,592.80 Target price: ₹1,713 Stop loss: ₹1,533 Buy: HCL TECHNOLOGIES LTD — Current Price: ₹1,493.50 Why it's recommended: HCL Technologies is trading near a make-or-break level, with technicals pointing to a potential bullish setup. On the hourly timeframe, RSI is at 55, showing modest bullishness, MACD is positive at 3, and ADX at 11 indicates the early stages of a developing trend. The stock is currently consolidating within a triangle formation, and a sustained move above ₹1,507 would confirm a triangle breakout, paving the way for a strong pullback rally. Key metrics: Pattern: Triangle breakout in progress (confirmation above ₹1,507) MACD: Positive at 3 RSI: Hourly RSI at 55, signaling improving momentum ADX: At 11, suggesting trend initiation Technical analysis: A breakout above ₹1,507 will validate the triangle pattern and could accelerate upside towards ₹1,564. Risk factors: Near-term risk comes from a failure to sustain above ₹1,507, which would keep the stock stuck in consolidation. Broader risks include global IT spending weakness, currency fluctuations, and margin pressure from rising employee costs. Buy at: ₹1,493.50 Target price: ₹1,564 Stop loss: ₹1,457 Buy: HDFC Bank LTD — Current Price: ₹1,991.20 Why it's recommended: HDFC Bank is trading in a narrow consolidation zone and is poised for a potential breakout. On the daily chart, the RSI is at 50, reflecting a neutral but improving setup, while the MACD is above zero, confirming underlying bullish bias. The ADX at 11 suggests the trend is in its early stage of development. Importantly, a sustained move above ₹2,005 will confirm a double bottom breakout, unlocking higher levels in the near term. 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From the charts, we can observe that the strong upside was reinforced at the start of the month, helping the prices scale higher. Currently, the strong push above the value resistance zone around 300 augurs well. Post surpassing this level, the rise in momentum supported by steady volumes is highlighting the possibility of more upward traction. Key metrics: P/E: 28.36, 52-week high: ₹324, Volume: 494.2K. Technical analysis: Support at ₹277, resistance at ₹400. Risk factors: Market volatility and sector-wide fluctuations in geopolitical news could impact returns. Buy at: CMP and dips to ₹292. Target price: ₹335-345 in 1 month. Stop loss: ₹285. THOMASCOOK (Cmp ₹173.88) Buy ₹174 and dips to ₹165 | Stop ₹162 | Target ₹190-195 Why it's recommended: Thomas Cook India has become a leading omnichannel travel company in India, offering services like foreign exchange, corporate travel, and leisure travel. The charts show constant pullback into support zones of the TS & KS Bands, which are helping the prices stage a strong move to the upside. A steady buying interest on every dip is igniting some bullish enthusiasm. One can look at the prices to move higher as trends are demonstrating a strong upward drive. Can look to go long. Key metrics: P/E: 71.22, 52-week high: ₹239.45 Volume: 2.1M. Technical analysis: Support at ₹151, resistance at ₹185. Risk factors: Structural issues on the domestic front and regulatory setbacks on the export front. Buy at: CMP and dips to ₹165. Target price: ₹190-195 in 1 month. Stop loss: ₹162. EXIDEIND (Cmp ₹400.45) Buy above ₹402 and dips to ₹388 : Stop ₹383 | Target ₹438-455 Why it's recommended: Exide manufactures and markets lead-acid storage batteries and related products, including automotive, solar, industrial, and submarine batteries, as well as inverter and genset batteries. This counter, after the initial consolidation, is seen building some strong push to the upside. As the potential to generate upward momentum improves, one can consider some long-term. Key metrics: P/E: 30.44, 52-week high: ₹534.75, volume: 4.1 M. Technical analysis: Support at ₹350, resistance at ₹500. Risk factors: Sluggish growth, negative quarterly results, and reduced institutional investor participation. Buy at: above 402 and dips to ₹388. Target price: ₹438-455 in 1 month. Stop loss: ₹383. Two stocks to trade today, recommended by Trade Brains Portal IRCTC Ltd Current price: ₹725.7 Target price: ₹895 in 12 months Stop-loss: ₹641.05 Why it's recommended: Established in 1999, the Indian Railway Catering and Tourism Corporation Ltd. (IRCTC) is a Navratna public sector enterprise operating under the Ministry of Railways, Government of India. It serves as the professional arm of Indian Railways, focusing on travel and hospitality services. IRCTC is responsible for managing, modernizing, and enhancing food and hospitality offerings at railway stations, onboard trains, and across other locations. The organization also plays a vital role in promoting both domestic and international tourism by developing budget hotels, curating travel packages, engaging in commercial marketing, facilitating information exchange, and integrating with global reservation systems. IRCTC has consistently demonstrated strong financial performance. In FY25, its operating revenue rose by 9.7% to ₹4,675 crore, up from ₹4,260 crore in FY24. Absolute EBITDA grew by 5.71% year over year to ₹1,549 crore, maintaining a healthy margin of 33.15%. Profit After Tax (PAT) increased significantly by 18.30%, reaching ₹1,315 crore in FY25 compared to ₹1,111 crore in FY24. Over the last three years, the company's revenue and PAT have grown at a compound annual growth rate (CAGR) of 35% and 26%, respectively. 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Trade name: William O'Neil India Pvt. Ltd. (Sebi Registered Research Analyst Registration No.: INH000015543) Ankush Bajaj is a Sebi-registered research analyst. His registration number is INH000010441. Raja Venkatraman is co-founder, NeoTrader. His Sebi-registered research analyst registration no. is INH000016223. Trade Brains Portal is a stock analysis platform. Its trade name is Dailyraven Technologies Pvt. Ltd, and its Sebi-registered research analyst registration number is INH000015729. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantees performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.


Mint
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Vikram Solar IPO allotment date in focus today; latest GMP, 6 steps to check status online
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(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price