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New order win valued at Rs 75 crore from DMRC lifts ABB

12 Apr 2012 Evaluate

ABB is currently trading at Rs 838.95, up by 16.10 points or 1.96% from its previous closing of Rs 822.85 on the BSE.

The scrip opened at Rs 820.50 and has touched a high and low of Rs 840.00 and Rs 820.50 respectively. So far 3918 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 915.00 on 17-Feb-2012 and a 52 week low of Rs 541.10 on 20-Dec-2011.

Last one week high and low of the scrip stood at Rs 840.00 and Rs 810.30 respectively. The current market cap of the company is Rs 17715.54 crore.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 16.06% and 8.94% respectively.

ABB, the leading power and automation technology group, has won an order worth Rs 75 crore from Delhi Metro Rail Corporation (DMRC) to provide power solutions for a planned metro rail network for Jaipur, also known as the ‘pink city’ and the capital of Rajasthan, a state in northern India. The order was booked in the first quarter.

The Jaipur Mass Rapid Transport System (MRTS) is being promoted as an eco-friendly project deploying state-of-the-art technologies and is expected to carry approximately 11,000 commuters per hour on each rail corridor when fully operational, reducing road traffic bottlenecks and lowering carbon emissions from cars.

The turnkey project includes design, supply, installation and commissioning of essential power infrastructure for stage 1 of the East-West Corridor of the Jaipur Mass Rapid Transport System (MRTS). This section will serve eight passenger stations. ABB will supply 11 auxiliary substations with a rating of 33kV/415V (kilovolt).

The project scope includes electrification of overhead lines, provision of auxiliary substations and the supply of a SCADA (Supervisory Control and Data Acquisition) solution, which enables the monitoring and control of field equipment and key components of the power distribution system. This facilitates smooth operations and enables proactive measures to avoid service interruptions, thereby enhancing performance and optimizing cost-efficiency. ABB will also deliver key products including the switchgear, dry type transformers and distribution equipment.

ABB India Share Price

7161.10 131.15 (1.87%)
20-Apr-2026 15:11 View Price Chart
Peers
Company Name CMP
Havells India 1306.10
Siemens 3714.80
Apar Inds 11976.45
ABB India 7161.10
Waaree Energies 3493.55
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