I am holding abbott from last 2 years. In between, when Mankind Pharma was giving hell of a competition for Duphaston, I became skeptical…but it regained the business share, …so i kept holding it till now. Your thread was instrumental in building the confidence. I am holding from 19,000 level and currently it crossed 22,000. I feel its a Pharma FMCG type , India centric company, which need not invest into R and D as its a blue eyed boy of a global parent. But currently, whether to increase the allocation at this 22k level, is I am not sure of. I also attended their AGMs virtually from last 2 years and saw that many shareholders are holding it from last 2 decades too. And rewarded handsomely. Sometimes attending AGMs and listening to 70+ years old shareholders make you think, why these guys are holding this company for so many years and then it builds your confidence too. Whats ur take on current valuations? I am sold on business of this company. It will remain viable for long long time.
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