ABB India is currently trading at Rs. 1714.00, up by 35.40 points or 2.11% from its previous closing of Rs. 1678.60 on the BSE.
The scrip opened at Rs. 1680.00 and has touched a high and low of Rs. 1724.20 and Rs. 1664.90 respectively. So far 4290 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. 1805.00 and Rs. 1629.20 respectively. The current market cap of the company is Rs. 36321.10 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 10.79% and 14.21% respectively.
Expanding its current capacity for manufacturing of low voltage motors, ABB has added a new manufacturing line at its Faridabad plant. The new line will develop energy efficient motors up to 55kW for customers operating in different industrial segments such as F&B, water & wastewater, cement, metals and mining, HVAC, textiles, rubber and others. ABB’s LV motors are compactly designed to minimize space and total cost of ownership. Offering greater flexibility to meet specific customer requirements, ABB’s LV motors help in operating critical processes with minimum downtime.
ABB is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future.
