Trending stocks: ABB India share price rises 1%

NEW DELHI: Shares of ABB India traded 1 per cent up in Thursday 's trade at 10:48 am (IST).

Around 32795 shares changed hands on the counter. The stock opened at Rs 943.0 and touched an intraday high and low of Rs 948.0 and Rs 932.05 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 1670.0 and a 52-week low of Rs 812.0 .


The Swiss power major said it has postponed its annual general meeting, scheduled on May 14, till August in view of the lockdown to contain COVID-19.

Financials
ABB India Ltd., incorporated in the year 1949, is a Large Cap company (having a market cap of Rs 19682.05 Crore) operating in Engineering sector.

The company reported net profit after tax of Rs 135.28 Crore in latest quarter.

ABB India Ltd. key Products/Revenue Segments include Others which contributed Rs 3088.13 Crore to Sales Value (32.93 % of Total Sales), Switch Gear Items which contributed Rs 2552.59 Crore to Sales Value (27.22 % of Total Sales), Electronic Control And Supply Units For Variable Speed Drives which contributed Rs 1272.08 Crore to Sales Value (13.56 % of Total Sales), Transformers which contributed Rs 892.29 Crore to Sales Value (9.51 % of Total Sales), Motors/Alternators/Generators which contributed Rs 772.77 Crore to Sales Value (8.24 % of Total Sales), Erection & Other Services which contributed Rs 671.34 Crore to Sales Value (7.16 % of Total Sales), Other Operating Revenue which contributed Rs 97.62 Crore to Sales Value (1.04 % of Total Sales), Scrap which contributed Rs 22.83 Crore to Sales Value (0.24 % of Total Sales), Commission which contributed Rs 5.45 Crore to Sales Value (0.05 % of Total Sales)for the year ending 31-Dec-2017.

Promoter holding
Promoters held 75.0 per cent stake in the company as of quarter ended 31st Sep 2019 .

Valuation ratio
It quoted a price-to-earnings ratio of 47.37 and price to book value of 5.66 .