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ABB India shines on dispatching 1000th traction transformer for Lucknow metro project

05 Sep 2017 Evaluate

ABB India is currently trading at Rs. 1338.85, up by 23.30 points or 1.77% from its previous closing of Rs. 1315.55 on the BSE.

The scrip opened at Rs. 1302.00 and has touched a high and low of Rs. 1365.00 and Rs. 1302.00 respectively. So far 11034 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1619.45 on 10-May-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. 1372.00 and Rs. 1298.35 respectively. The current market cap of the company is Rs. 28289.77 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 16.94% and 8.06% respectively.

ABB India has dispatched its 1000th traction transformer that will be used in the metro project in Lucknow. Manufactured at the Vadodara factory, the light-weight, reliable ABB traction transformers are attached to and critical for on-board or metro compartment power supply.

They enable efficient use of electric power and achieve higher levels of acceleration, with minimal space requirements. They are designed to lower fault level, ensuring high reliability and commuter safety. ABB’s track side transformers for overhead electrification and auxiliary dry type transformers will also power the metro stations for lighting and other requirements.

ABB India is a leading global technology company in power and automation that enables utility, industry and transport & infrastructure customers to improve their performance while lowering environmental impact.

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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