ABB India is currently trading at Rs. 1429.15, up by 6.25 points or 0.44% from its previous closing of Rs. 1422.90 on the BSE.
The scrip opened at Rs. 1422.55 and has touched a high and low of Rs. 1441.50 and Rs. 1422.55 respectively. So far 2715 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1482.25 on 18-Apr-2017 and a 52 week low of Rs. 950.00 on 09-Nov-2016.
Last one week high and low of the scrip stood at Rs. 1441.50 and Rs. 1390.00 respectively. The current market cap of the company is Rs. 30302.90 crore.
The promoters holding in the company stood at 75.00%, while institutions and non-institutions held 16.91% and 8.09% respectively.
ABB India has inaugurated two new facilities that support the nation's digital transformation, energy saving technology and rise in industrial productivity. The company has launched India’s first digitalized remote service center for its energy saving drives solutions and added a new production line for digitalized low voltage drives. The company’s remote service center will provide 24x7 access to information and support on drives installed at customer facilities for predictive maintenance and condition monitoring for all industries including power, cement, oil and gas, metals, food & beverage and many other applications. The new center is the third of its kind in the ABB global footprint and is now fully activated in India. It will support customer installations in India and around the world.
Further, the new production line manufactures digitally enabled low voltage drives (ACS560 and ACS580 series). The drive information in the cloud can be accessed securely with daily devices like smartphones. Drives are an environmentally friendly option to use energy efficiently while running motors based on their current load instead of running them on full speed continuously. These drives provide multiple energy optimization features, are easily commissioned via smartphone, and include features for uninterrupted operations during power fluctuations.
| Company Name | CMP |
|---|---|
| Havells India | 1305.85 |
| Siemens | 3706.55 |
| Apar Inds | 11474.15 |
| ABB India | 7029.95 |
| Waaree Energies | 3471.45 |
| View more.. | |
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