ABB India Ltd is in the Capital Goods – Electrical Equipment manufacturing sector is having a market capitalization worth Rs. 39,204.04 crores, it is incorporated in the year 1949. It has reported standalone sales of Rs. 1,424.96 crores in June 2021. The company is listed on the Bombay Stock Exchange (BSE) with the code 500002, and also listed on the National Stock Exchange (NSE) with the code ABB.
ABB India has divided its operations into four divisions, namely, (i) Electric Motors, generators and electricity distribution & control apparatus, (ii) Other electric equipment, (iii) Electronic equipment, and (iv) measuring, testing, navigating, and control equipment, watches & clocks. Mainly, there are three key products forming a major part of the company’s revenue, namely, (i) Switch gears, (ii) Electronic control & supply units for variable speed drives, and (iii) motor & other machines. ABB India has more than 3,200 permanent employees spread across the country. ABB has a total of 9 manufacturing units and 23 regional and branch offices in the country. The promoters of the company own 75.0% of the stake in the company, Foreign Institutional Investors (FII) own 3.73% of the stake, Domestic Institutional Investors (DII) own 7.06%, and others (such as public & retail investors) hold the balance of 14.21%.
In June 2021, quarterly net revenue was Rs. 1,424.96 crores, which has increased by approximately 44.55 % from Rs. 985.78 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 70.26 crores, which has improved sharply and increased by nearly 331.57% from a net profit of Rs. 16.28 crores in June 2020. In June 2021, the reported operating profit was at Rs. 1,170.91 crores, which is increased by 49.11% as compared to an operating profit of Rs. 785.25 crores for the quarter ending in June 2020. From an EPS of Rs. 0.77 in June 2020, the EPS of ABB India Ltd has improved and reached an EPS of Rs. 3.31 per share in June 2021. ABB's stock closed at Rs. 1,850.05 on 27th August’2021 (NSE). ABB India Ltd has returned 21.06% in the last six months and returned 90.55% positively in the previous year.
ABB India share price as on 16 Sep 2024 is Rs. 7684.4. Over the past 6 months, the ABB India share price has increased by 34.39% and in the last one year, it has increased by 74.57%. The 52-week low for ABB India share price was Rs. 3850 and 52-week high was Rs. 9149.95.