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ABB India jumps on providing active front end VSDs for ventilation system of Chennai metro line

16 Feb 2021 Evaluate

ABB India is currently trading at Rs. 1505.35, up by 33.10 points or 2.25% from its previous closing of Rs. 1472.25 on the BSE.

The scrip opened at Rs. 1470.00 and has touched a high and low of Rs. 1508.65 and Rs. 1470.00 respectively. So far 9781 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1541.00 on 09-Feb-2021 and a 52 week low of Rs. 722.45 on 27-May-2020.

Last one week high and low of the scrip stood at Rs. 1508.65 and Rs. 1405.20 respectively. The current market cap of the company is Rs. 31891.15 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 11.02% and 13.98% respectively.

Enabling smooth travel and safety of commuters, ABB India has provided active front end variable speed drives (VSDs) for the ventilation system of Chennai metro line, a key infrastructure project that connects major areas in the city.

The Chennai metro takes the planned urbanization agenda a step forward with the opening of the 9-kmlong extension. The new line will allow passengers to travel from the northern part of the city to Chennai International Airport in the south in around one hour, and will play a key role in easing the road traffic and enhancing public transportation. ABB solutions are part of this fourth largest metro system in India with the supply of ACH580 and ACS880 active front end drives to support the metro line’s ventilation system and platform cooling. These drives are a part of ABB’s HVAC offering designed to meet the highest level of safety, reliability and energy efficiency requirements.

ABB is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future.

ABB India Share Price

7570.20 -16.75 (-0.22%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1259.70
Siemens 3866.40
Apar Inds 11829.15
ABB India 7570.20
Waaree Energies 3411.70
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