ABB tumbles on reporting a sharp fall in Q4 net profit

21 Feb 2013 Evaluate

ABB is currently trading at Rs 593.85, down by 17.05 points or 2.79% from its previous closing of Rs 610.90 on the BSE.

The scrip opened at Rs. 610.95 and has touched a high and low of Rs 623.85 and Rs 587.00 respectively. So far 78852 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs 906.10 on 23-Feb-2012 and a 52 week low of Rs 606.00 on 15-Feb-2013.

Last one week high and low of the scrip stood at Rs 641.90 and Rs 587.00 respectively. The current market cap of the company is Rs 12534.38 crore.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 16.28% and 8.72% respectively.

ABB has reported 73.84% fall in its net profit at Rs 16.77 crore for the quarter as compared to Rs 64.12 crore for the same quarter in the previous year. Total income of the company has decreased by 6.37% at Rs 2085.10 crore for quarter under review as compared to Rs 2226.92 crore for the quarter ended December 31, 2011.

For the year ended December 31, 2012, the company has posted a fall of 25.54% in its net profit at Rs 137.41 crore as compared to Rs 184.54 crore for the same period in the previous year.  However, total income from operation has increased by 1.09% at Rs 7572.04 crore for year under review as compared to Rs 7490.43 crore for the period ended December 31, 2011.

For the year ended December 31, 2012, on consolidated basis, the company has posted a fall of 23.70% in its net profit at Rs 140.94 crore as compared to Rs 184.71 crore for the same period in the previous year.  However, total income from operation has increased by 1.66% at Rs 7617.74 crore for year under review as compared to Rs 7492.94 crore for the period ended December 31, 2011.

ABB India Share Price

6966.80 43.00 (0.62%)
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Apar Inds 10109.10
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