ABB India is currently trading at Rs. 2773.45, up by 55.30 points or 2.03% from its previous closing of Rs. 2718.15 on the BSE.
The scrip opened at Rs. 2820.00 and has touched a high and low of Rs. 2851.35 and Rs. 2746.00 respectively. So far 26349 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2,851.35 on 10-Aug-2022 and a 52 week low of Rs. 1619.30 on 11-Aug-2021.
Last one week high and low of the scrip stood at Rs. 2,851.35 and Rs. 2643.95 respectively. The current market cap of the company is Rs. 58718.75 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 12.12% and 12.88% respectively.
ABB India has received an approval for the proposal to sell the 31,49,99,999 equity shares held by the company in Turbocharging Industries and Services India (TISIPL) to Turbo Systems Switzerland (TSSL), an indirect wholly owned subsidiary of ABB on such terms and conditions as approved by the Board. The share transfer agreement is yet to be executed. The company expects to complete the sale of equity shares by end of September 30, 2022. The Board of the Company on August 9, 2022, have approved the same.
ABB India is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future.
