ABB India Ltd., incorporated in the year 1949, is a Large Cap company (having a market cap of Rs 45621.75 Crore) operating in Engineering sector.
ABB India Ltd. key Products/Revenue Segments include Switch Gear Items, Electronic Control And Supply Units For Variable Speed Drives, Motors/Alternators/Generators, Others, Erection & Other Services, Other Operating Revenue, Scrap, Commission for the year ending 31-Dec-2020.
Investment Rationale
The stock to rebound taking support at the 50-days EMA and the rising demand line joining lows since August 2021.
Financials
For the quarter ended 30-09-2021, the company has reported a Standalone Total Income of Rs 1803.20 Crore, up 24.34 per cent from last quarter Total Income of Rs 1450.17 Crore and up 10.47 per cent from last year same quarter Total Income of Rs 1632.27 Crore. Company has reported net profit after tax of Rs 119.92 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 75.0 per cent stake in the company as of 30-Sep-2021, while FIIs owned 3.49 per cent, DIIs 6.96 per cent.
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