Abbott Share Price History & Returns (1990 To 2024)
Show Table of Contents
Table of Contents
- 1: Abbott Share Highlights
- 1.1: 52-Week High Low
- 1.2: All Time High
- 2: Short Info About Abbott
- 3: Abbott Recent Performance
- 4: Abbott Share Price Chart From 1990 to 2024
- 5: Abbott Share Price History Table From 1990 to 2024
- 6: Analyzing the Impact of Investing in Abbott
- 6.1: Abbott Share Returns In Last 5 Years
- 6.2: Abbott Share Returns In Last 10 Years
- 6.3: Abbott Share Returns In Last 15 Years
- 6.4: Abbott Share Returns In Last 20 Years
- 6.5: Abbott Share VS FD (Normal) VS FD (Compounding)
Abbott Share Highlights
As of Thu 21 Nov 2024, Abbott Share price is ₹27,114.69 which is ₹3,406.31 below 52-week high of ₹30,521 and ₹5,114.69 above 52-week low of ₹22,000
52-Week High Low
- Abbott 52-Week High is ₹30,521 occured on Fri 30 Aug 2024
- Abbott 52-Week Low is ₹22,000 occured on Thu 21 Dec 2023
All Time High
- The all-time high or the highest price that Abbott shares have ever touched was ₹30,521 and this occurred on Fri 30 Aug 2024.
- The highest closing price at which Abbott shares have ever closed was ₹30,195.84 recorded on Fri 30 Aug 2024.
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Short Info About Abbott
Abbott India: From Humble Beginnings to a Pharmaceutical Powerhouse
Since 1950, the population of India has increased from 357 million to over 1.4 billion. Many factors are responsible for it, but one of the main factors is the easy availability of life-saving medicines. It increased the life expectancy of people & reduced the number of infant mortality, thus increasing the population at an astonishing speed. Abbott India Ltd. is involved in the process of manufacturing medicines with an experience of over 7 decades.
August 1944
Boots Pure Drug Co. (India) Ltd. was incorporated.
October 1985
The name of the company was changed to Knoll Pharmaceuticals Ltd.
July 2002
The name of the company was changed to Abbott India Ltd.
It is a subsidiary of Abbott Laboratories USA, manufacturing products for the Indian market and exporting to Sri Lanka, Nepal, Maldives & Bhutan. It has earned ₹ 30.98 Crore through imports in FY23. Its portfolio has 125+ products, which include Arachitol, Cremaffin Plus, Heptral, Thyronorm, Digene, etc. Most of the product demand is fulfilled through 2 manufacturing facilities in Himachal Pradesh & Goa.
Various indices, such as the Nifty Healthcare Index, Nifty MNC, etc., have it as their constituent. Under Corporate Social Responsibility, it focuses on healthcare & education with a budget of ₹ 19.36 Crores set aside for the FY 2024.
Since 2009, it has given positive returns yearly, except in 2016. Let’s review the historical share price of Abbott India Ltd. to see the wealth created for its investors.
Abbott Recent Performance
Over the past 22 trading days, the value of Abbott's stock has decreased by ₹1257.00 (-4.43%). On 17 Oct 2024, its one share was worth ₹28371.69 and by 21 Nov 2024, the value dropped to ₹27114.69. During this period it created a highest high of ₹29809.19 and lowest low of ₹26912.09.
Below Image represents line chart of daily close price of Abbott, helping you visualize how the price has changed day by day.
Abbott Share Price Chart From 1990 to 2024
Abbott Share Price History Table From 1990 to 2024
| Year | Abbott | YOY Chg% | ↑High - ↓Low |
|---|---|---|---|
| 1990 | ₹48.75 | - | ↑ ₹72.50 ↓ ₹45.00 |
| 1991 | ₹117.50 | 141% | ↑ ₹117 ↓ ₹46.25 |
| 1992 | ₹137.50 | 17% | ↑ ₹225 ↓ ₹100.00 |
| 1993 | ₹200.00 | 45.4% | ↑ ₹205 ↓ ₹85.00 |
| 1994 | ₹270.00 | 35% | ↑ ₹462 ↓ ₹190 |
| 1995 | ₹265.00 | -1.9% | ↑ ₹330 ↓ ₹200 |
| 1996 | ₹222.50 | -16.1% | ↑ ₹390 ↓ ₹207 |
| 1997 | ₹300.00 | 34.8% | ↑ ₹445 ↓ ₹230 |
| 1998 | ₹499.25 | 66.4% | ↑ ₹524 ↓ ₹275 |
| 1999 | ₹533.90 | 6.9% | ↑ ₹741 ↓ ₹497 |
| 2000 | ₹349.35 | -34.6% | ↑ ₹569 ↓ ₹278 |
| 2001 | ₹237.35 | -32.1% | ↑ ₹383 ↓ ₹225 |
| 2002 | ₹279.70 | 17.8% | ↑ ₹330 ↓ ₹235 |
| 2003 | ₹479.65 | 71.4% | ↑ ₹535 ↓ ₹252 |
| 2004 | ₹720.30 | 50.1% | ↑ ₹768 ↓ ₹385 |
| 2005 | ₹707.05 | -1.9% | ↑ ₹785 ↓ ₹582 |
| 2006 | ₹517.05 | -26.9% | ↑ ₹744 ↓ ₹412 |
| 2007 | ₹580.85 | 12.3% | ↑ ₹600 ↓ ₹460 |
| 2008 | ₹419.80 | -27.8% | ↑ ₹618 ↓ ₹364 |
| 2009 | ₹779.90 | 85.7% | ↑ ₹815 ↓ ₹362 |
| 2010 | ₹1311.55 | 68.1% | ↑ ₹1699 ↓ ₹730 |
| 2011 | ₹1444.95 | 10.1% | ↑ ₹1664 ↓ ₹1165 |
| 2012 | ₹1447.14 | 0.1% | ↑ ₹1771 ↓ ₹1348 |
| 2013 | ₹1645.36 | 13.6% | ↑ ₹1680 ↓ ₹1266 |
| 2014 | ₹3696.61 | 124.6% | ↑ ₹3765 ↓ ₹1549 |
| 2015 | ₹5857.77 | 58.4% | ↑ ₹5994 ↓ ₹3605 |
| 2016 | ₹4579.58 | -21.9% | ↑ ₹5860 ↓ ₹4247 |
| 2017 | ₹5367.64 | 17.2% | ↑ ₹5560 ↓ ₹3893 |
| 2018 | ₹7331.16 | 36.5% | ↑ ₹8613 ↓ ₹5076 |
| 2019 | ₹12767.21 | 74.1% | ↑ ₹13135 ↓ ₹6971 |
| 2020 | ₹15522.08 | 21.5% | ↑ ₹18134 ↓ ₹11932 |
| 2021 | ₹19348.71 | 24.6% | ↑ ₹23751 ↓ ₹13758 |
| 2022 | ₹21431.10 | 10.7% | ↑ ₹22170 ↓ ₹15426 |
| 2023 | ₹22851.25 | 6.6% | ↑ ₹24744 ↓ ₹19900 |
| 2024 | ₹27114.69 | 18.6% | ↑ ₹27297 ↓ ₹26912 |
Analyzing the Impact of Investing in Abbott
Abbott Shares price in the year 1990 was ₹48.75. If you had invested ₹10,000 in Abbott Shares in 1990, in 34 years, your investment would have grown to ₹55.61 Lakh by the end of 2024. This represents a positive return of 55519.8% from 1990 to 2024, with a compound annual growth rate (CAGR) of 20.4%.
Also Read: Anupam Rasayan Year Wise Share Price History From IPO to 2024
Abbott Share Returns In Last 5 Years
- Its highest share price in the last 5 years was: ₹27,297 and lowest was: ₹6,971.15
- Abbott Shares price in 2019 was ₹12,767.21
- By 2024, its share price rose to ₹27,114.69
- It gave a positive return of over 112% with a CAGR of 16.2% over the last 5 years
- If you had invested ₹10,000 in Abbott in 2019 then in 5 years, your investment would have grown to ₹21,237 by 2024, which is 2.12 times of your initial investment.
Abbott Share Returns In Last 10 Years
- Its highest share price in the last 10 years was: ₹27,297 and lowest was: ₹1,549.15
- Abbott Shares price in 2014 was ₹3,696.61
- By 2024, its share price rose to ₹27,114.69
- It gave a positive return of over 633% with a CAGR of 22% over the last 10 years
- If you had invested ₹10,000 in Abbott in 2014 then in 10 years, your investment would have grown to ₹73,350 by 2024, which is 7.33 times of your initial investment.
Abbott Share Returns In Last 15 Years
- Its highest share price in the last 15 years was: ₹27,297 and lowest was: ₹362
- Abbott Shares price in 2009 was ₹779.9
- By 2024, its share price rose to ₹27,114.69
- It gave a positive return of over 3376% with a CAGR of 26.6% over the last 15 years
- If you had invested ₹10,000 in Abbott in 2009 then in 15 years, your investment would have grown to ₹3.47 Lakh by 2024, which is 34.76 times of your initial investment.
Abbott Share Returns In Last 20 Years
- Its highest share price in the last 20 years was: ₹27,297 and lowest was: ₹362
- Abbott Shares price in 2004 was ₹720.3
- By 2024, its share price rose to ₹27,114.69
- It gave a positive return of over 3664% with a CAGR of 19.8% over the last 20 years
- If you had invested ₹10,000 in Abbott in 2004 then in 20 years, your investment would have grown to ₹3.76 Lakh by 2024, which is 37.64 times of your initial investment.
Abbott Share VS FD (Normal) VS FD (Compounding)
You might wonder which option is better: shares, fixed deposits (FDs) or compounding FDs. Let’s compare them and see how they differ.
- Shares: Units of ownership in a company can benefit from its profits or losses.
- FDs: Deposits you make with a bank or a financial institution for a fixed time and at a fixed interest rate.
- Compounding FDs: Similar to FDs but with one difference: the interest is reinvested into the principal amount instead of being paid out.
If you invested ₹10,000 rupees each in these 3 options in :
| Year | Abbott Investment | FD Normal Investment | FD Compond Investment |
|---|---|---|---|
| 1990 | ₹10,000 | ₹10,000 | ₹10,000 |
Then today, your investment would have become this much in each option: | |||
| 2024 | ₹54,77,454.83 | ₹30,400 | ₹72,510.25 |
[Click/Touch on line to show data]
For more insights into Abbott, explore these additional resources:-
Reference:
- Abbott India Ltd. About company
- Abbott India Ltd. Annual report 2022-23
- Economic Times Abbott India company history
