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ABB India is currently trading at Rs. 4422.00, up by 14.60 points or 0.33% from its previous closing of Rs. 4407.40 on the BSE.

The scrip opened at Rs. 4424.75 and has touched a high and low of Rs. 4444.50 and Rs. 4376.00 respectively. So far 4597 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4444.50 on 30-Jun-2023 and a 52 week low of Rs. 2235.25 on 29-Jun-2022.

Last one week high and low of the scrip stood at Rs. 4444.50 and Rs. 4219.95 respectively. The current market cap of the company is Rs. 93367.89 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 17.43% and 7.57% respectively.

ABB India has been appointed to provide electrification and automation systems for ArcelorMittal Nippon Steel India’s (AM/NS India) advanced steel cold rolling mill (CRM) in Hazira, Gujarat. The contract at the flagship manufacturing plant comes through John Cockerill India (JCIL), the original equipment manufacturer (OEM) for the project. AM/NS India -- a joint venture between two of the world’s leading steel companies ArcelorMittal and Nippon Steel -- is setting up the new CRM as part of its downstream expansion plan.

ABB India is providing advanced electrification and automation systems, including the ABB Ability System 800xA distributed control system (DCS) and associated equipment and components, to support enhanced energy efficiency, optimized zinc consumption and high levels of corrosion resistance throughout the steel production process. This will support AM/NS India in its bid to reach greater levels of sustainability at Hazira.

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