ABB India shares rise 9% after strong Q4 results
pre-market1 source ↓written by the desknot a recommendation
- on Friday
- 9%
- higher at ₹5
- 5%
- increase in quarterly
- 52%
- order intake
- ₹4,096 cr
- in full-year orders
- ₹14,115 cr
ABB India shares surged 9% on Friday, closing 5% higher at ₹5,985.35 following robust Q4 results. The company reported a 52% increase in quarterly order intake to ₹4,096 cr, contributing to a record ₹14,115 cr in full-year orders, reflecting strong demand across sectors like data centres and automotive.
This significant order momentum is expected to bolster investor confidence and support future growth, indicating a positive outlook for the company.
Not investment advice. For informational purposes only.