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ABB India rises on partnering with Witt India to set up smoke extraction motors in India's road tunnels

ABB India Ltd. | Electric Equipment | Capital Goods & Industrial Consumables | BSE: 500002 | NSE: ABB

20 Jun 2024 Evaluate

ABB India is currently trading at Rs. 8594.00, up by 52.55 points or 0.62% from its previous closing of Rs. 8541.45 on the BSE.

The scrip opened at Rs. 8560.05 and has touched a high and low of Rs. 8631.35 and Rs. 8391.60 respectively. So far 3828 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 9200.00 on 18-Jun-2024 and a 52 week low of Rs. 3847.50 on 26-Oct-2023.

Last one week high and low of the scrip stood at Rs. 9200.00 and Rs. 8391.60 respectively. The current market cap of the company is Rs. 181947.71 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 17.84% and 7.15% respectively.

ABB India has collaborated with Witt India to set up smoke extraction motors in tunnels to augment safety. This collaboration aims to contribute towards infrastructure development ensuring safer and more efficient journey for commuters through India's road tunnels.

Witt India specializes in tunnel ventilation systems. It has integrated ABB's smoke extraction motors in several key projects across the country, such as Rewa-Sidhi Tunnel in Madhya Pradesh and Kuthiran Tunnel Highway in Kerala.

This collaboration highlights both companies' commitment to innovation, reliability, and safety in infrastructure development. The infrastructure sector is a key driver of India's economy that aims to reach a $5 trillion milestone in the next three years. As the nation undertakes numerous infrastructure projects, increased capital expenditure is fueling this growth, playing a pivotal role in accelerating sustainable development.

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

7148.00 118.05 (1.68%)

20-Apr-2026 16:01 View Price Chart

Peers

Company Name	CMP
Havells India	1300.50
Siemens	3709.60
Apar Inds	11977.10
ABB India	7148.00
Waaree Energies	3487.20
View more..

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ABB India rises on partnering with Witt India to set up smoke extraction motors in India's road tunnels

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