21-Oct-2026 08:03:55
ABBGeneral news
CITI ON ABB INDIA ; SELL | TP ₹6,075
• ABB parent's Q3 CY26 results indicate very strong India orders, a positive signal. • However, strong parent-level orders may not fully translate into ABB India's listed business. • In Q2 CY26, parent-reported India orders grew 81% versus 50% for ABB India. • Difference due to some Indian orders being booked by overseas ABB entities. • Q3 CY26 order growth also benefits from a favourable base and price hikes.
ABB INDIA LIMITED