ABB India Ltd News

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

F&O Insights: Experts advocate some caution; 4 stocks in F&O ban

Derivatives market update for Sept 05: The Put-Call Ratio dropped from 0.96 to 0.82, reinforcing the dominance of call writers and a cautionary trend; 25,150 remains a key level for the Nifty, says Dh

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 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

Defence, rail shares under pressure; HAL, Siemens, ABB down up to 7%

Defence, railways stocks in focus: In the past one month, most of these stocks had hit their respective record highs

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 ...

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.

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

Capital goods soars 6%, records sharpest intra-day rally since March 2020

Bharat Electronics, Larsen & Toubro, Hindustan Aeronautics, CG Power, Bharat Heavy Electricals and Schaeffler India have rallied between 7% and 9% in intra-day trade

Nifty MNC index at new high; Honeywell, 3M India, Schaeffler gain up to 9%

In the past one month, the MNC index has rallied 8%, as against less than 1% gain in Nifty 50

Capital Goods index hits record high; Thermax, CG Power rally up to 14%

In the past six months, the BSE Capital Goods index has outperformed the market by surging 31%, as against a 11% rally in the S&P BSE Sensex.

Nifty 500, MidCap indices outperform peers as 4th phase of elections end

The Nifty 500 index has gained 0.9 per cent and the MidCap 1.8 per cent in comparison to 0.5 per cent and 0.2 per cent addition in the BSE Sensex and Nifty benchmarks.

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

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 Q4 results: Net profit jumps 87% to Rs 460 cr on higher revenues

ABB India on Friday reported an over 87 per cent rise in its net profit at Rs 460 crore in the March 2024 quarter, pushed by higher revenues. It had posted a profit after tax of Rs 245 crore in the corresponding period of the previous fiscal year, the company said in a statement. The electrification and automation major follows the financial year from January to December. Its consolidated revenues during the quarter under review also rose to Rs 3,080 crore from Rs 2,411 crore in the year-ago period, it added. "We announce a strong start to 2024, building on our robust performance from Q4 of 2023. The increased demand for technologically superior solutions, coupled with the government's capital expenditure focus on new-age themes such as energy efficiency, decarbonization, and digitalization, has significantly driven our order momentum," ABB India said. During the quarter, the company said it had an order backlog of Rs 8,932 crore, up from Rs 7,170 in January-March quarter earlier.

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%