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Abb India

ABB India stock falls 5% as September quarter results miss Street estimates

The fall in ABB India share price came after the company's Q3CY24 results fell short of street expectations

ABB India stock falls 5% as September quarter results miss Street estimates
Updated On : 05 Nov 2024 | 11:07 AM IST

ABB India profit jumps 22% in September quarter on improved operations

For the quarter under review, profit after tax (PAT) for the company was Rs 440 crore, which the company said "was driven by capacity utilisation, efficiencies, and revenue quality."

ABB India profit jumps 22% in September quarter on improved operations
Updated On : 04 Nov 2024 | 10:28 PM IST

ABB India Sept quarter results: Net profit increases 21% to Rs 440 crore

ABB India on Monday reported over 21 per cent rise in profit after tax at Rs 440 crore for the third quarter ended September 30, pushed by higher income. It had posted Rs 362 core profit after tax (PAT) in July-September period a year ago, the company said in an exchange filing The company follows January to December as financial year. Total income increased to Rs 3,005.05 crore from Rs 2,846.01 crore in the year-ago period. "We have delivered another quarter of consistent performance, creating balanced and profitable growth for our stakeholders and deepening engagement with our customers. The quarter was marked by record levels of backlog complemented by a strong book to bill and cash," the company's Managing Director, Sanjeev Sharma said in a statement. The large orders emerged from diverse sectors like transportation, metals, and even new ones like data centers. This provides each division the flexibility to leverage opportunities as per their business cycles and bandwidth and

ABB India Sept quarter results: Net profit increases 21% to Rs 440 crore
Updated On : 04 Nov 2024 | 7:23 PM IST

ABB India, Siemens surge 5% on hopes of healthy September quarter earnings

The capital goods sector's long-term outlook remains strong across segments as companies focus on energy transition globally, on top of manufacturing localisation and infra development pace in India.

ABB India, Siemens surge 5% on hopes of healthy September quarter earnings
Updated On : 09 Oct 2024 | 1:36 PM IST

ABB India rises 3% on pact with IIT Bombay to set up modern teaching labs

ABB India has partnered with IIT Bombay to establish teaching laboratory for electrical machines and drives at the Department of Energy Science and Engineering

ABB India rises 3% on pact with IIT Bombay to set up modern teaching labs
Updated On : 01 Oct 2024 | 2:05 PM IST

ABB, Exide, Pidilite among 5 stocks testing 100-DMA support; charts here

In general stocks trading above the key moving averages such as the 20-, 50-, 100- and 200-DMAs are considered trading with a bullish bias and vice versa.

ABB, Exide, Pidilite among 5 stocks testing 100-DMA support; charts here
Updated On : 19 Aug 2024 | 10:18 PM IST

ABB India PAT up 50% in June-qtr due to improved operational performance

Sequentially, ABB India's profit dipped 4 per cent, while revenue slipped 8 per cent

ABB India PAT up 50% in June-qtr due to improved operational performance
Updated On : 08 Aug 2024 | 5:56 PM IST

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

Buy Watchlist: ABB, Dixon, IEX among 4 stocks with long buildup in F&O

F&O stock outlook: Technical charts suggest that OFSS and Indian Energy Exchange can rally up to 19 per cent; here are the key support and resistance levels.

Buy Watchlist: ABB, Dixon, IEX among 4 stocks with long buildup in F&O
Updated On : 18 Jun 2024 | 10:50 AM IST

How is Amit Shah's portfolio performing as BJP limps in Lok Sabha polls?

Other major holdings in his portfolio encompass ITC (down 3%), VIP Industries (down 7%), Infosys (down 1.5%), Grindwell Norton (down 3.5%), Cummins India (down 13%)

How is Amit Shah's portfolio performing as BJP limps in Lok Sabha polls?
Updated On : 04 Jun 2024 | 1:26 PM IST

Power stocks dip up to 19% on June 4; Adani Green, Adani Energy top losers

At 10:16 AM, all constituents of the BSE Power Index were trading in negative territory

Power stocks dip up to 19% on June 4; Adani Green, Adani Energy top losers
Updated On : 04 Jun 2024 | 10:53 AM IST

Gains in tech firm ABB India may sustain on strong margin outlook

ABB is well positioned to benefit from private capex growth, industrial automation, PLI-led capex, global offshoring, improved energy demand, and technological advancements across user industries

Gains in tech firm ABB India may sustain on strong margin outlook
Updated On : 14 May 2024 | 12:22 AM IST

ABB India rallies 8%, hits new high on strong March quarter results

ABB has positioned itself rightly in the domestic markets to benefit from private capex, industrial automation, PLI-led capex, global offshoring, improved energy demand, and technological advancements

ABB India rallies 8%, hits new high on strong March quarter results
Updated On : 13 May 2024 | 9:51 AM IST

Orders for ABB globally fall, drag share price for India-listed entity

ABB India closed at Rs 6,367.20 per share on Thursday, down 4.21%

Orders for ABB globally fall, drag share price for India-listed entity
Updated On : 18 Apr 2024 | 5:38 PM IST

ABB India hits new high on strong outlook; surges 46% from Feb low

Shares of ABB India hit a new high of Rs 6,341, as they rallied 7 per cent on the BSE in Wednesday's intra-day trade on strong business outlook

ABB India hits new high on strong outlook; surges 46% from Feb low
Updated On : 27 Mar 2024 | 10:44 AM IST

Strong Q4 powers ABB India, but near-term positives seem priced-in

ABB India (ABB) has leveraged demand from quality players to manage deeper penetration across market segments and localisation has helped cut costs, leading to better margins

Strong Q4 powers ABB India, but near-term positives seem priced-in
Updated On : 26 Feb 2024 | 11:05 PM IST

Analysts bullish on ABB India's biz outlook; stock zooms 19% in two days

ABB, analysts said, is benefiting from demand tailwinds emerging from high-growth areas such as renewables, data centers, railways, metros, and electronics

Analysts bullish on ABB India's biz outlook; stock zooms 19% in two days
Updated On : 22 Feb 2024 | 11:07 AM IST

ABB India rallies 9% as order book rises 35% in Dec qtr, PAT jumps 13%

In the fourth quarter, total orders rose up by 35 per cent to Rs 3,147 crore

ABB India rallies 9% as order book rises 35% in Dec qtr, PAT jumps 13%
Updated On : 21 Feb 2024 | 11:46 AM IST

ABB India result: PAT grows to Rs 345 cr, revenue at Rs 2,757 cr in Dec qtr

Electrification and automation major ABB India on Tuesday posted around 13 per cent rise in profit after tax to Rs 345 crore in fourth quarter ended December 31, mainly on the back of higher revenues. It had clocked Rs 306 crore PAT (profit after tax) during the October-December period of the preceding fiscal, the company said in a statement. The company follows January to December as a financial year. Total revenue of the company rose to Rs 2,757 crore in the quarter under review, from Rs 2,427 crore in the same quarter a year ago. In the fourth quarter, total orders rose up by 35 per cent to Rs 3,147 crore. In 2023, the company received orders worth Rs 12,319 crore, up 23 per cent over 2022. For the entire fiscal, the company's PAT was at Rs 1,248 crore, up over Rs 1,026 crore from last financial year. While the revenues surged to Rs 10,447 crore, from Rs 8,568 crore a year ago. "Our broad-based growth has come on the back of deepening engagement into diverse market segments an

ABB India result: PAT grows to Rs 345 cr, revenue at Rs 2,757 cr in Dec qtr
Updated On : 20 Feb 2024 | 9:28 PM IST