ABB India reported an 11% rise in September-quarter profit to ₹440 crore and a 19.4% rise in revenue to ₹3,738 crore. Record order inflows rose 56% to ₹4,733 crore. Motilal Oswal upgraded the stock to Buy and set a target of ₹8,200, citing growth prospects and improving margins.
ABB India reported an 11% rise in September-quarter profit to ₹440 crore and a 19.4% rise in revenue to ₹3,738 crore. Record order inflows rose 56% to ₹4,733 crore. Motilal Oswal upgraded the stock to Buy and set a target of ₹8,200, citing growth prospects and improving margins.
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