ABB India is currently trading at Rs. 1282.00, up by 2.80 points or 0.22% from its previous closing of Rs. 1279.20 on the BSE.
The scrip opened at Rs. 1282.55 and has touched a high and low of Rs. 1282.90 and Rs. 1275.30 respectively. So far 475 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1744.40 on 02-Feb-2018 and a 52 week low of Rs. 1175.00 on 18-Jul-2017.
Last one week high and low of the scrip stood at Rs. 1314.75 and Rs. 1267.15 respectively. The current market cap of the company is Rs. 27185.73 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 16.81% and 8.19% respectively.
ABB India has inaugurated one of the first smart factories in Bangalore for the production of electrical protection and connection solutions. The facility will be located on the existing factory premises of Nelamangala in Bangalore.
The smart factory enables continuous monitoring of the production process through visualization of operational data, to increase efficiency and flexibility of the manufacturing process. The smart production line can track and display operational performance parameters across the entire manufacturing chain in real time. The factory also has digital lifecycle management with interconnected automation components, machines as well as data about processes and products.
ABB is a pioneering technology leader in electrification products, robotics and motion, industrial automation and power grids, serving customers in utilities, industry and transport & infrastructure globally.
