ABB India zooms on securing order from Titagarh Rail Systems
ABB India is currently trading at Rs. 4947.75, up by 240.35 points or 5.11% from its previous closing of Rs. 4707.40 on the BSE.
The scrip opened at Rs. 4776.00 and has touched a high and low of Rs. 4948.30 and Rs. 4776.00 respectively. So far 5418 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 6299.80 on 10-Jun-2025 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. 4948.30 and Rs. 4650.05 respectively. The current market cap of the company is Rs. 104542.88 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 16.80% and 8.20% respectively.
ABB India has received an order from Titagarh Rail Systems for supply covering 18 six-car trainsets for Line 6 and 22 six-car trainsets for Line 5, providing a complete, integrated traction and control solution. ABB’s delivery includes traction converters, auxiliary converters, traction motors, and TCMS software. The order is to be executed within next 3-4 years.
ABB India is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future.
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