Mumbai, January 28 (Udaipur Kiran): Shares of ABB India moved sharply higher in early trade after the company secured a key order from Titagarh Rail Systems.
ABB India was trading at Rs. 4,947.75, up by Rs. 240.35 or 5.11 per cent from its previous closing of Rs. 4,707.40 on the BSE. The stock opened at Rs. 4,776.00 and touched an intraday high of Rs. 4,948.30 and a low of Rs. 4,776.00. A total of 5,418 shares were traded on the counter.
The BSE Group ‘A’ stock, with a face value of Rs. 2, has touched a 52-week high of Rs. 6,299.80 on June 10, 2025, and a 52-week low of Rs. 4,590.05 on April 7, 2025. Over the last one week, the scrip recorded a high of Rs. 4,948.30 and a low of Rs. 4,650.05. The company’s current market capitalisation stands at Rs. 1,04,542.88 crore.
Promoters hold 75.00 per cent stake in the company, while institutional investors and non-institutional investors hold 16.80 per cent and 8.20 per cent respectively.
ABB India has received an order from Titagarh Rail Systems for the supply covering 18 six-car trainsets for Line 6 and 22 six-car trainsets for Line 5. The order involves providing a complete, integrated traction and control solution, including traction converters, auxiliary converters, traction motors and TCMS software. The execution of the order is planned over the next three to four years.
ABB India is engaged in providing technology solutions aimed at supporting productivity and sustainability across industries.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
