ABB India is currently trading at Rs 1117.20, up by 12.75 points or 1.15% from its previous closing of Rs. 1104.45 on the BSE.
The scrip opened at Rs. 1110.95 and has touched a high and low of Rs. 1132.00 and Rs. 1100.00 respectively. So far 4522 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1525.00 on 19-Feb-2015 and a 52 week low of Rs. 988.25 on 17-Oct-2014.
Last one week high and low of the scrip stood at Rs. 1161.50 and Rs. 1096.65 respectively. The current market cap of the company is Rs. 23680.76 crore.
The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 17.09% and 7.91% respectively.
ABB India has won orders worth Rs 141 crore from Power Grid Corporation of India to supply 765 kilovolt (kV) ultrahigh voltage power transformers for substations in the northern states of Uttarakhand and Uttar Pradesh.
Three of these ultra-high voltage transformers will be installed at the Meerut substation in the north west of Uttar Pradesh, India’s most populous state, while 14 transformers will be installed in new substations being constructed in Uttarakhand. The new substations will receive power from the Tehri Hydropower Complex in the northwest for distribution across Uttarakhand and Uttar Pradesh. The enhanced transmission capacity will help address growing demand in the region.
The company will design, manufacture, test, transport, erect and commission the 765 kV single-phase autotransformers at the substation sites. The 14 transformers for the greenfield substations in Uttarakhand are rated at 266.7 megavolt ampere (MVA), while the three transformers for the Meerut substation in Uttar Pradesh are 500 MVA.
ABB is a leader in power and automation technologies that enable utility, industry, and transport and infrastructure customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in roughly 100 countries and employs about 140,000 people.
Company Name | CMP |
---|---|
Havells India | 1673.65 |
Siemens | 6653.75 |
Apar Inds | 9996.35 |
Waaree Energies | 2860.75 |
ABB India | 6877.45 |
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