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ABB gains on successfully completing commission of Induction xP Plus Profiler system on PM3

12 Jul 2021 Evaluate

ABB is currently trading at Rs. 1722.35, up by 8.60 points or 0.50% from its previous closing of Rs. 1713.75 on the BSE.

The scrip opened at Rs. 1719.30 and has touched a high and low of Rs. 1734.00 and Rs. 1702.00 respectively. So far 9351 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1856.10 on 28-Jun-2021 and a 52 week low of Rs. 848.50 on 14-Oct-2020.

Last one week high and low of the scrip stood at Rs. 1804.00 and Rs. 1683.00 respectively. The current market cap of the company is Rs. 36359.24 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 11.09% and 13.91% respectively.

ABB has successfully completed the commissioning of the Induction xP Plus Profiler system on PM3 at Bilt Graphic Paper Products (BGPPL), Ballarpur, India.

Marking the first time that an ABB cross machine direction control engineer has provided remote commissioning support for an upgrade of this kind, the modernization project was successfully and seamlessly delivered due to the world-class domain expertise of the team.

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

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Havells India 1059.50
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