SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

ABB India gains on getting nod to sell stake in TISIPL

10 Aug 2022 Evaluate

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.


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
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×