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Abb Group

Higher orders and margin boost needed to sustain ABB's valuations

ABB could be a key player given the improved market for short-cycle orders from the private sector and T&D, railways, data centres, and PLIs

Higher orders and margin boost needed to sustain ABB's valuations
Updated On : 15 Jul 2024 | 10:37 PM IST

ABB technology selected by Mahindra & Mahindra for new EV paint facility

Mahindra & Mahindra (M&M) has selected ABB's PixelPaint technology for its new electric vehicle paint facility, ABB said on Wednesday. The deployment of the technology also includes 42 robots from the IRB 5500 family making M&M the first OEM in India to use PixelPaint technology for the painting of contrasting roofs and pillars, ABB said. PixelPaint consists of a paint head with more than 1,000 tiny, individually controlled nozzles, mounted on an ABB robot, the company said in a statement. "Our PixelPaint technology can apply large areas of uniform color as well as the tiniest details with complete accuracy, without delaying the production line or the need for manual intervention," said Joerg Reger, Managing Director of ABB Robotics Automotive Business Line. "By deploying PixelPaint-equipped robots in dedicated cells, Mahindra's paint shop will be able to apply finishes such as contrasting roof and pillar treatments on its new line of EVs in a completely automated ...

ABB technology selected by Mahindra & Mahindra for new EV paint facility
Updated On : 03 Jul 2024 | 7:21 PM IST

ABB confident about faster revenue growth in 2024 despite China slowdown

ABB shares were indicated to open 2.2% higher in premarket activity in Zurich

ABB confident about faster revenue growth in 2024 despite China slowdown
Updated On : 18 Apr 2024 | 1:27 PM IST

Swiss group ABB's China operations under investigation by US Congress

The committees wanted to probe potential "cybersecurity risks, foreign intelligence threats, and supply chain vulnerabilities at seaports in the United States,'

Swiss group ABB's China operations under investigation by US Congress
Updated On : 19 Jan 2024 | 6:29 PM IST

Strong outlook, sector re-rating to support ABB stock after Q2 results

ABB is a key beneficiary of the pickup in the capex cycle

Strong outlook, sector re-rating to support ABB stock after Q2 results
Updated On : 10 Nov 2023 | 9:52 PM IST

Growth expectations to support valuations of Siemens, ABB India stocks

Indian auto companies are investing in robotics which is a potential source of traction

Growth expectations to support valuations of Siemens, ABB India stocks
Updated On : 17 Aug 2023 | 10:17 PM IST

Global industrial firm ABB anticipates low revenue growth for current qtr

ABB also reported a sluggish growth in order intake for Q1FY24, at $ 8,667 million, up 2 per cent in comparable terms

Global industrial firm ABB anticipates low revenue growth for current qtr
Updated On : 20 Jul 2023 | 9:02 PM IST

ABB expands Bengaluru facility for production of energy-efficient modules

Electrification and automation major ABB India on Thursday announced the expansion of its facility at Peenya factory in Bengaluru by setting up a new line for the production of variable speed drive modules. Variable speed drive modules are used to control the speed of electric motors to match the actual demands of the process to improve energy efficiency and performance in any industrial application or any building globally. When added to the existing motor of a pump, fan or compressor, a drive can typically reduce power consumption by up to 25 per cent, the company said. "ABB India expands its production footprint with a new line for variable speed drive modules at the Peenya factory in Bengaluru," the company said in a statement. The new line will produce drives ranging from 75 kW to 250 kW and will cater to all major industrial segments. Part of the integrated campus that houses ABB's corporate office and other business' factories, this new production line aims to meet the grow

ABB expands Bengaluru facility for production of energy-efficient modules
Updated On : 11 May 2023 | 3:36 PM IST

High valuations may cap further upside in ABB stock; prospects 'positive'

The company posted better than expected results for the March quarter, and prospects remain strong

High valuations may cap further upside in ABB stock; prospects 'positive'
Updated On : 10 May 2023 | 9:17 PM IST

ABB extends rally in a weak market on strong Q1; stock up 17% in 3 days

Analysts believe that increased traction in exports and services coupled with strong execution drove ABB's strong performance across segments.

ABB extends rally in a weak market on strong Q1; stock up 17% in 3 days
Updated On : 09 May 2022 | 10:50 AM IST

Overall Covid situation did indirectly impact hiring: ABB's Sanjeev Sharma

In a Q&A, the MD of the engineering giant says each of the 18 divisions of the company has carved out its plan for business expansion where it sees merit

Overall Covid situation did indirectly impact hiring: ABB's Sanjeev Sharma
Updated On : 13 Aug 2021 | 11:48 PM IST

ABB Power zooms 33% in 3 days on tie-up with Ashok Leyland for e-bus pilot

The company has signed an MoU with Ashok Leyland and the IIT-Madras for an e-mobility pilot

ABB Power zooms 33% in 3 days on tie-up with Ashok Leyland for e-bus pilot
Updated On : 01 Dec 2020 | 2:46 PM IST

Nifty needs to hold 11,800 for further upside: CapitalVia Global Research

We can witness short-covering move along with addition of fresh position only if Nifty breaches 12,000

Nifty needs to hold 11,800 for further upside: CapitalVia Global Research
Updated On : 26 Oct 2020 | 8:33 AM IST

ABB: After weak Q2, analysts hopeful of firm's recovery in key focus areas

Increased need for automation may help firm rebound faster than peers

ABB: After weak Q2, analysts hopeful of firm's recovery in key focus areas
Updated On : 28 Jul 2020 | 1:50 AM IST

Business transition produces mixed results for ABB India; stock up over 2%

September quarter witnessed improvement in profitability, while business predictability took a knock

Business transition produces mixed results for ABB India; stock up over 2%
Updated On : 13 Nov 2019 | 11:58 PM IST

Avenue Supermarts, EIH: 10 stocks to buy in Muhurat trading for Samvat 2076

Although a confirm breakout is yet to take shape, still the Delta Corp counter is exhibiting upside on the charts as volumes spike

Avenue Supermarts, EIH: 10 stocks to buy in Muhurat trading for Samvat 2076
Updated On : 23 Oct 2019 | 12:32 PM IST

ABB board approves Bjรถrn Rosengren as CEO, succeeding Peter Voser in 2020

Rosengren (60), a Swedish citizen, is a highly experienced, international executive and leader of industrial businesses

ABB board approves Bjรถrn Rosengren as CEO, succeeding Peter Voser in 2020
Updated On : 12 Aug 2019 | 3:32 PM IST

ABB bolsters US business with $2.6 bn GE Industrial Solutions deal

GE will benefit through an expanded strategic supply relationship with ABB: GE CEO

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Updated On : 25 Sep 2017 | 3:47 PM IST

ABB Group acquires Austrian machine automation firm B&R

ABB Group today announced the acquisition of Austria-based B&R, a solution provider in the automation of machines, for an undisclosed amount. Through the acquisition, ABB expands its leadership in industrial automation and will be uniquely positioned to seize growth opportunities resulting from the fourth industrial revolution, ABB said in a statement. Both companies have complementary portfolios. ABB is a leading provider of solutions serving customers in utilities, industry and transport and infrastructure and B&R is a leading solution provider in the automation of machines and factories for industries such as plastics, packaging, food and beverage, it said. ABB has steadily expanded its manufacturing, engineering and R&D footprint in the Indian subcontinent. It employs over 10,000 people across more than 40 locations in Bangladesh, India and Sri Lanka. The Group has 12 manufacturing sites on the subcontinent and one of its seven corporate research centres around the

ABB Group acquires Austrian machine automation firm B&R
Updated On : 04 Apr 2017 | 9:34 PM IST