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ABB India rises on bagging order worth Rs 256 crore

12 Jan 2015 Evaluate

ABB India is currently trading at Rs. 1270.00, up by 2.15 points or 0.17% from its previous closing of Rs. 1267.85 on the BSE.

The scrip opened at Rs. 1270.00 and has touched a high and low of Rs. 1280.00 and Rs. 1261.65 respectively. So far 3244 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1396.70 on 04-Dec-2014 and a 52 week low of Rs. 568.05 on 30-Jan-2014.

Last one week high and low of the scrip stood at Rs. 1320.00 and Rs. 1252.05 respectively. The current market cap of the company is Rs. 26908.13 crore.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 16.93% and 8.07% respectively.

ABB India, power and automation technologies provider, has won an order worth about Rs 256 crore from Ceylon Electricity Board (CEB) to supply two new 220-kilovolt (kV) substations and upgrade an existing substation in Sri Lanka. The order was booked in the quarter ending December 2014 by ABB India.

The new substations will be constructed at Polpitiya in the Central Province and Padukka near the capital, Colombo, in the Western Province, while the existing substation at Pannipitiya, a suburb of Colombo, will be augmented. The project is scheduled for completion in 2017.

As part of the turnkey contract, ABB will design, engineer, supply and commission the substations and provide the following equipment: high-voltage air-insulated switchgear, medium-voltage indoor gas-insulated switchgear, power transformers, IEC 61850-compliant protection and substation automation, and fiber-optic communications systems.

ABB India 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 and employs more than 150,000 people.

ABB India Share Price

7029.95 142.35 (2.07%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1305.85
Siemens 3706.55
Apar Inds 11474.15
ABB India 7029.95
Waaree Energies 3471.45
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