5352.7000 13.90 (0.26%)
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ABB India Ltd.
14 May 2020
5352.70
0.26%
Prabhudas Lilladhar
the tune of ~Rs2bn and c) cash collection worth ~Rs1.8bn during 1QCY20. ABB India (ABB) reported a disappointing quarter because of weakness across business segments, due to the outbreak of Covid-19 causing nationwide lockdown. Despite of weak economic environment, ABB has secured orders worth Rs19.5bn (up 10% YoY) and has an outstanding order book of Rs44.4bn as on 1QCY20. Management believes the impact of Covid-19 would continue in the short term as countries continue to face restriction with anticipated long-term economic consequences. Despite of short term disruptions we believe ABB's resilient business model, healthy global...
Number of FII/FPI investors decreased from 869 to 826 in Jun 2025 qtr
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