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ABB India jumps on expanding Gujarat factory to meet growing global demand

08 Apr 2022 Evaluate

ABB India is currently trading at Rs. 2229.35, up by 40.70 points or 1.86% from its previous closing of Rs. 2188.65 on the BSE.

The scrip opened at Rs. 2195.00 and has touched a high and low of Rs. 2234.30 and Rs. 2190.00 respectively. So far 3720 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2469.60 on 25-Jan-2022 and a 52 week low of Rs. 1300.00 on 12-Apr-2021.

Last one week high and low of the scrip stood at Rs. 2262.00 and Rs. 2101.40 respectively. The current market cap of the company is Rs. 47234.38 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 11.79% and 13.21% respectively.

ABB India has inaugurated its expanded Digital Substation Products and Digital Systems factory in Vadodara, Gujarat. Located within ABB India’s largest manufacturing campus, this new factory will meet the growing demand for a wide range of digital substation products and digital solutions in India and in more than 50 countries.

The manufacturing portfolio includes products like relays, while the solutions range from centralized protection and control systems, distribution automation, to bus transfer systems and arc protection for the electrical distribution network. These products are deployed across multiple industries from cement, steel, oil and gas to utilities (power distribution companies) and renewable energy projects through OEMs.

This facility manufactures four variants or series of relays, constituting a significant portion of ABB’s portfolio of this product. The manufacturing of relays follows a complex testing sequence comprising of high voltage test, functional test and heat run test. ABB is one of the first in the industry to have automated the entire testing sequence. A special packaging software has been deployed which allows the products to be placed in the packaging bay only after checking the correct sequence of testing. Distribution Automation systems also enable remote monitoring and control of relays.

ABB India 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

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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