ABB India is currently trading at Rs. 1213.20, up by 4.55 points or 0.38% from its previous closing of Rs. 1208.65 on the BSE.
The scrip opened at Rs. 1190.00 and has touched a high and low of Rs. 1225.00 and Rs. 1190.00 respectively. So far 3,313 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1432.70 on 11-Apr-2016 and a 52 week low of Rs. 950.00 on 09-Nov-2016.
Last one week high and low of the scrip stood at Rs. 1243.95 and Rs. 1190.00 respectively. The current market cap of the company is Rs. 25,755.00 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 16.92% and 8.08% respectively.
ABB India has strengthened its footprint in the renewables space with the achievement of a significant milestone in the wind energy business. Among the largest generator manufacturers for wind turbines, the company has surpassed the 4.5GW mark with the delivery of over 2,000 units of wind power generators in the country.
This is part of company’s next level strategy of driving the energy revolution with market focused technologies. These generators for wind turbines are manufactured in a factory in city of Vadodara Gujarat, recognized as company’s one of the most advanced facility globally and the fourth such facility in the group.
ABB India is a leading global technology company in power and automation that enables utility, industry and transport & infrastructure customers to improve their performance while lowering environmental impact.