ABB India shares gain 10 percent after July-Sept earnings

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Reuters MUMBAI
Last Updated : Nov 06 2013 | 12:35 PM IST

MUMBAI (Reuters) - Shares in ABB India Ltd gained more than 10 percent after the company's July-September profit rose by 78.15 percent to 380.7 million rupees.

The company added that its order backlog stood at 82.52 billion rupees at the quarter-end.

ABB India's state-owned peer Bharat Heavy Electricals Ltd , which is due to report results later in the day, was up 1 percent.

The Sensex was down 0.2 percent.

(Reporting by Swati Bhat; Editing by Subhranshu Sahu)

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First Published: Nov 06 2013 | 12:27 PM IST

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