ABB India Q4 Results Date, ABB Limited is a Swedish-Swiss company which was headquartered in Zürich, Switzerland.
Currently company’s market cap stood at 70,500 crores with a PE Ratio of 70. Company is virtually debt free and ROE of 30 percent.
ABB India share gave 6200 percent returns to its shareholder In last five year ABB india gave 150 percent returns.
Currently company’s market cap stood at 70,500 crores with a PE Ratio of 70. Company is virtually debt free and ROE of 30 percent.
In FY 2018 company post profit of 6,690 as compared to current financial year 2022 8,500 crores. Company’s quarterly revenue is consolidating.
ABB India Business Segments
Electrification(38%): Electrification segment provides technology across the full electrical value chain from substation to the point of consumption, enabling safer and more reliable power.
A range of digital and connected innovations for low and medium voltage, including EV infrastructure, sensing and control, etc.
Solutions include turnkey engineering, control systems, measurement products, life cycle services, outsourced maintenance and industry specific products.
Robotics and Discrete Automation(3%): This segment provides value-added solutions in robotics, machine and factory automation
The Co has identified Renewables, Water & Wastewater, Warehousing and Logistics as the high growth areas to drive the Co going forwards.
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It has already received several orders under these segments and its current offerings in these areas include Electrical drive train package, Turbine Controller, LV Components, Digital Power Train etc.
ABB India Q4 Results Date 2023
the meeting of Board of Directors of the Company is scheduled to be held on May 3, 2023, inter alia, to consider the Un-audited Financial Results for the quarter ending March 31, 2023.
ABB India Shareholding Pattern
December 2022 holding pattern currently promoter holding stood at 75 percent stable from last year same quarter.
Second highest holding is of retailers with 13 percent. Mutual fund decreases holding from 7 percent to 6 percent in december quarter.
Brokerage Call on ABB India
ICICI Direct gave target of 3750 on ABB India with buy rating. Company will outperform its peer in future.