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ABB India Ltd.
08 May 2023
5647.50
-1.89%
ICICI Securities Limited
A solid quarter. Q1CY23 result ticked all the right boxes. ABB reported a strong order inflow - grew 36% YoY. Order inflow has reported >20% growth in the last six consecutive quarters. Revenue grew 23% YoY, EBITDA margin expanded 230bps YoY.
ABB India Ltd. has an average target of 6065.75 from 4 brokers.
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