Powered by: Motilal Oswal
01-01-1970 12:00 AM | Source: Accord Fintech
ABB India rises on the BSE
News By Tags | #518 #572

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

ABB India is currently trading at Rs. 1388.45, up by 10.70 points or 0.78% from its previous closing of Rs. 1377.75 on the BSE.

The scrip opened at Rs. 1370.70 and has touched a high and low of Rs. 1401.70 and Rs. 1332.00 respectively. So far 10073 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1699.90 on 24-Feb-2021 and a 52 week low of Rs. 722.45 on 27-May-2020.

Last one week high and low of the scrip stood at Rs. 1432.00 and Rs. 1332.00 respectively. The current market cap of the company is Rs. 29496.59 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 11.02% and 13.98% respectively.

ABB has reached the cumulative 5-gigawatt (GW) mark in providing Programmable Logic Controller-based (PLC) solar plant automation solutions in India. This milestone is an outcome of many significant solar power projects that the company won across India for its Utility-Scale SCADA and String Monitoring Solutions. ABB’s SCADA system - an automation control solution, helps in the efficient running of solar plants and enables plant operators to seamlessly monitor and analyze relevant solar project data in one place. It addresses the needs of the renewable energy industry and supports ABB's efforts to develop technologies that help in securing a sustainable future.

ABB is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future.