Abbott India Ltd Changes Accounting Year

The Board of Directors of Abbott India Ltd at its meeting held on November 07, 2013 decided to change the accounting year of the Company from year ending December 31, 2014 to March 31. Accordingly, the statutory financial statements for the current year would be prepared for a period of 15 months ending on March 31, 2014 and the Company will be publishing unaudited financial results for the quarter ending on December 31, 2013 to comply with the provisions of the Listing Agreement.

Shares of Abbott India Ltd was last trading in BSE at Rs.1445.25, up by Rs.90.95 or 6.72%. The stock hit an intraday high of Rs.1450 and low of Rs.1351.50.

The total traded quantity was 0.10 lakhs as compared to 2 week average of 1745.

Source : Equity Bulls

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