[ad_1]
Axis Securities has buy call on ABB India with a target price of Rs 2885. The current market price of . is Rs 2603.4. Time period given by analyst is 4 weeks when Ltd. price can reach defined target.
ABB India Ltd., incorporated in the year 1949, is a Large Cap company (having a market cap of Rs 55219.08 Crore) operating in Engineering sector.
ABB India Ltd. key Products/Revenue Segments include Switch Gear Items, Motors/Alternators/Generators, Others, Electronic Control And Supply Units For Variable Speed Drives, Erection & Other Services, Other Operating Revenue, Scrap, Commission for the year ending 31-Dec-2021.
Financials
For the quarter ended 31-03-2022, the company reported a Consolidated Total Income of Rs 2012.46 Crore, unchanged .00 % from last quarter Total Income of Rs Crore and unchanged .00 % from last year same quarter Total Income of Rs Crore. Company reported net profit after tax of Rs 79.66 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 75.0 per cent stake in the company as of 31-Mar-2022, while FIIs owned 3.68 per cent, DIIs 8.23 per cent.
(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
[ad_2]
Source link