ABB India rises on launching ACS380-E drive
ABB India is currently trading at Rs. 5168.95, up by 44.80 points or 0.87% from its previous closing of Rs. 5124.15 on the BSE.
The scrip opened at Rs. 5122.40 and has touched a high and low of Rs. 5180.00 and Rs. 5095.00 respectively. So far 3116 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 7959.90 on 17-Dec-2024 and a 52 week low of Rs. 4590.05 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 5263.60 and Rs. 5088.50 respectively. The current market cap of the company is Rs. 109534.38 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 16.60% and 8.40% respectively.
ABB India has launched the ACS380-E drive, the latest addition to its all-compatible drive portfolio. The drive, which is designed for automation-centric machine building, simplifies machine integration and is future-proofed for industrial automation. With India’s manufacturing landscape rapidly embracing digitalization and smart-factory upgrades, driven by rising automation adoption, growing demand for quality and efficiency, and a push toward Industry 4.0, the latest machinery drive supports this shift, offering advaced connectivity, improved flexibility and easy commissioning.
The new machinery drive is engineered specifically for industrial machinery applications in several industries, including textile, cable and wire, plastics, intralogistics and more. It will help speed up commissioning, installation, wiring and assembly while supporting future compliance with stringent cybersecurity requirements. Its embedded dual Ethernet ports and selectable protocols - which come as standard - remove the need for separate option modules, reducing complexity and installation time.
The ACS380-E drive will support all common rotary motor types across global voltage ranges (100-600 V) and will deliver superior motor control for applications like packaging systems, conveyors, extrusion lines and multi-axis machinery. It will also be ready to seamlessly integrate with all major automation systems, including ABB’s AC500 PLC and products from the other main players in the market.
ABB India is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future.
