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29-11-2023 03:18 PM | Source: Accord Fintech
ABB moves up on launching ABB Ability SmartMaster
News By Tags | #ABBIndiaLtd #StockMarket #BSE

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ABB India is currently trading at Rs. 4263.30, up by 13.75 points or 0.32% from its previous closing of Rs. 4249.55 on the BSE.

The scrip opened at Rs. 4305.20 and has touched a high and low of Rs. 4305.20 and Rs. 4242.45 respectively. So far 573 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4675.85 on 11-Sep-2023 and a 52 week low of Rs. 2640.45 on 26-Dec-2022.

Last one week high and low of the scrip stood at Rs. 4305.20 and Rs. 4193.05 respectively. The current market cap of the company is Rs. 90020.80 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 17.55% and 7.46% respectively.

ABB India has launched ABB Ability SmartMaster, a comprehensive asset performance management platform for verification and condition monitoring of instrumentation and field devices in the water, wastewater, chemical, oil & gas, and other industries, in India. SmartMaster gathers, analyzes and verifies diagnostic data from instruments remotely, without interrupting current measurement tasks. 

The platform can be used with a range of ABB and third-party instruments, such as flow meters, level meters, temperature, and pressure sensors. Available as an on-premise or cloud-based solution, SmartMaster sends a valuable fleet level overview from the field straight to the customer's phone, tablet, or other devices. SmartMaster addresses key challenges for industrial companies such as managing the sheer volume of instruments that are installed on any given plant. Many facilities typically have hundreds or even thousands of devices, some of which may be installed in hard to reach or hazardous areas.

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