ABB India touches new 52-week high on the BSE

ABB India is currently trading at Rs. 2399.00, up by 57.10 points or 2.44% from its previous closing of Rs. 2341.90 on the BSE.

abb india moves up on the bse
abb india moves up on the bse

The scrip opened at Rs. 2359.00 and has touched a high and low of Rs. 2415.75 and Rs. 2344.65 respectively. So far 7588 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 2,415.75 on 20-Jan-2022 and a 52 week low of Rs. 1300.00 on 12-Apr-2021.

ABB India  Last one week high and low of the scrip stood at Rs. 2,415.75 and Rs. 2297.75 respectively. The current market cap of the company is Rs. 50866.49 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 11.79% and 13.21% respectively.

ABB India’s Nelamangala unit has received ‘Water Positive’ certification from The Energy and Resources Institute (TERI). In place of simply replacing the amount of water taken from the environment, the unit implemented an Innovative 6R approach towards ‘Water Positivity’ to replenish more water than it consumes at the location.

The unique 6R approach includes initiatives such as rainwater use and recharge, reduction in the use of freshwater, water recycling, and real-time monitoring of water consumption, recharge, and saving. The Nelamangala unit currently has 17 rainwater recharge wells, 2 recharge ponds along with 5 cross wave technology-based recharge tanks. ABB products such as water flow meters were installed in the rainwater recharge system to capture real-time data.

ABB India is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future.