QUOTE AND NEWS
Market Intelligence Center  Jul 1  Comment 
MarketIntelligenceCenter.com's patented trade-picking algorithms have identified an attractive covered-call trade on ABB Ltd (ABB). Look at the Dec. '15 $21.00 covered call for a net debit in the $19.83 area. This trade has a duration of 170...
Market Intelligence Center  Jun 15  Comment 
After Friday’s trading in ABB Ltd (ABB) the option-trade picking algorithms that power MarketIntelligenceCenter.com's Artificial Intelligence Center uncovered a trade that offers a 6.14% return, or 12.04% annualized (for comparison purposes...
Benzinga  Jun 8  Comment 
Kepler Cheuvreux upgraded ABB Ltd (ADR) (NYSE: ABB) from Reduce to Hold. ABB shares have dropped 3.76 percent over the past 52 weeks, while the S&P 500 index has surged 7.25 percent in the same period. ABB shares closed at $22.80 on...
TheStreet.com  Jun 4  Comment 
NEW YORK (TheStreet) --Shares of ABB were gaining 4.7% to $23.40 on heavy trading volume Thursday following a report that activist investor Cervian Capital has taken a stake in the Swiss engineering company. Cervian now holds a stake of more...
The Hindu Business Line  May 31  Comment 
ABB India has launched free@home, the intelligent home automation system. The easy-to-install solution brings together the controls of lighting, temperature control, blinds and security o...
Automotive World  May 26  Comment 
With robotics set to increase significantly driven by the automotive sector, ABB has moved to capitalise by expanding its manufacturing footprint to North America The post ABB sets up first North American robot production plant appeared first on...
The Economic Times  May 25  Comment 
'ABB Ltd is a 'BUY' call with a target of Rs 1,470 and a stop loss of Rs 1,369'
The Economic Times  May 7  Comment 
"The top line is flat despite about Rs 150 crore of revenue which we did not ship out of the door. Financial arrangements were not put in place by our customers."
The Hindu Business Line  May 5  Comment 
ABB India hit by muted business environment has posted a 5.05 per cent higher profit for the first-quarter (Q1) in the calendar 2015 at ₹54.29 crore against ₹51.68 crore during the same per...
The Hindu Business Line  May 5  Comment 





 
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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.

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