ABB India rose 2.49% to Rs 645.05 at 11:56 IST on BSE after the company reported 78.14% surge in net profit to Rs 38.07 crore on 1.25% decline in total income to Rs 1786.82 crore in Q3 September 2013 over Q3 September 2012.
ABB India declared Q3 September 2013 results during market hours today, 6 November 2013.
Meanwhile, the S&P BSE Sensex was down 13.03 points, or 0.06%, to 20,961.76
On BSE, 64,736 shares were traded in the counter compared with average volume of 22,095 shares in the past one quarter.
The stock hit a high of Rs 648 and a low of Rs 625 so far during the day. The stock hit a 52-week high of Rs 830 on 12 November 2012. The stock hit a 52-week low of Rs 448.10 on 30 August 2013.
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The stock outperformed the market over the past one month till 5 November 2013, rising 14.79% compared with the Sensex's 5.32% rise. The scrip also outperformed the market in past one quarter, advancing 31.77% as against Sensex's 9.34% rise.
The large-cap company has an equity capital of Rs 42.38 crore. Face value per share is Rs 2.
ABB is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries.
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