QUOTE AND NEWS
The Economic Times  Apr 27  Comment 
Deutsche Bank retains their sell rating on ABB with a 12-month target price of Rs 995 post Q4 results
The Economic Times  Apr 26  Comment 
Religare has sell rating on ABB India with a target price of Rs 800 citing the company’s tepid order inflow, rich valuations and low margins.
The Hindu Business Line  Apr 26  Comment 
Shares of State Bank of Travancore fell nearly 4 per cent today after the company reported a near 68 per cent decline in its net profit in the fourth quarter ended March. The stock went down 3.72 ...
The Economic Times  Apr 26  Comment 
ABB India clocked a 30% jump in Q4, after the engineering firm said large orders remained scarce as customers continued to delay investment decisions.
The Hindu Business Line  Apr 25  Comment 
ABB India has reported a 31 per cent increase in net profit for the first quarter of 2016 to ₹ 71 crore from ₹ 54 crore in the same quarter last year. The company follows the calendar year. The Ind...
The Economic Times  Apr 25  Comment 
Total income increased to Rs 2,015.08 crore for the quarter ended March 31, 2016, from Rs 1,815.29 crore in the quarter ended March 31, 2015.
newratings.com  Apr 25  Comment 
Date:    25th April 2016 Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful. Issuer:  ABB Finance B.V. ...





 
TOP CONTRIBUTORS

Business Profile

ABB (ABB), a partly-owned subsidiary of ABB Asea Brown Boveri of Switzerland, provides power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The company was incorporated on Dec. 22, 1949 as Hindustan Electric Company. Pursuant to a scheme of amalgamation of Asea with HBB, the name was changed to Asea Brown Boveri (ABB) with effect from Oct. 13, 1989. The chairman is Gary Steel and the Vice Chairman and Managing Director is Biplab Majumder.

ABB operates through its business divisions of power products, power systems, automation products, process automation and robotics. It manufactures a wide range of transformers, switchgears, breakers, capacitors, cables and utility automation products and executes projects for power generation, transmission and electrification. It has eight manufacturing facilities in Bangalore, Faridabad, Haridwar, Mumbai, Nashik, and Vadodara.

ABB has a large range of products to offer its clients. The list is exhaustive and so this link will take care of the same: ABB Offerings A-Z

ABB and IIT, Delhi signed an MoU for technology development and knowledge sharing through specific development projects and research in power and automation. The company bagged a turnkey order worth approximately Rs 4,300 million to provide an enterprise wide supervisory control and data acquisition (SCADA) system for ONGC; contracts worth Rs 3.11 billion power and automation systems from Grasim Industries and Ultratech Cement for installation of 220/132kV switchyards and supply of switchgears; a Rs 2.89 billion order by Delhi Metro Rail Corporation (DMRC) to supply the turnkey electrification package for Phase II of the Metro line spanning ten corridors across parts of New Delhi and surrounding areas of Gurgaon and NOIDA.

ABB operations in India include 14 manufacturing facilities and over 6500 employees. Customers are served through extensive countrywide presence with around 30 marketing offices, 8 service centers, 3 logistics warehouses and a network of over 750 channel partners. The ABB Group is increasingly leveraging the Indian operations for projects, products, services, engineering and R&D. Also, as part of ABB’s new regional approach, India has been designated as the hub for the South Asia region.

The corporate office and registered office are at Khanija Bhavan, 2nd Floor, East Wing, No. 49, Race Course Rd, Bangalore-560001.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki