Edition:
India

ABB India Ltd (ABB.BO)

ABB.BO on Bombay Stock Exchange

1,196.00INR
23 May 2018
Change (% chg)

Rs-6.65 (-0.55%)
Prev Close
Rs1,202.65
Open
Rs1,210.10
Day's High
Rs1,219.50
Day's Low
Rs1,189.05
Volume
3,349
Avg. Vol
17,731
52-wk High
Rs1,744.40
52-wk Low
Rs1,175.00

Latest Key Developments (Source: Significant Developments)

ABB India Gets Order Worth 1.34 Bln Rupees
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - ABB India Ltd ::SAYS WINS 1.34 BILLION RUPEES TRACTION EQUIPMENT ORDER FOR INDIAN RAILWAYS.ORDER TO SUPPLY STATE-OF-THE-ART TRACTION EQUIPMENT FOR ELECTRIC LOCOMOTIVES, MANUFACTURED BY CHITTARANJAN LOCOMOTIVE WORKS.  Full Article

BRIEF-Aker Solutions wins orders from Aker BP, value not disclosed
Monday, 18 Dec 2017 

Fixes typo in headline:AKER SOLUTIONS WINS ORDERS FROM AKER BP FOR OFFSHORE NORWAY FIELDS.THE COMPANY WILL DELIVER TWO SUBSEA MANIFOLDS, A CONTROLS SYSTEM AND UMBILICALS FOR SKOGUL, WHICH WILL BE TIED BACK TO THE NORTH SEA ALVHEIM FIELD. IT WILL ALSO PROVIDE UMBILICALS AND DETAILED ENGINEERING OF THE TOPSIDE FOR A NORMALLY UNMANNED INSTALLATION (NUI) FOR VALHALL FLANK WEST, WHICH WILL BE TIED BACK TO THE VALHALL FIELD CENTER.THE SUBSEA WORK WILL BE CARRIED OUT AS PART OF AKER SOLUTIONS' SUBSEA ALLIANCE WITH AKER BP AND SUBSEA 7. THE TOPSIDE ENGINEERING WORK IS BEING UNDERTAKEN AS PART OF A WELLHEAD PLATFORM ALLIANCE WITH AKER BP, KVAERNER AND ABB. THE ALLIANCES HAVE PREVIOUSLY COMPLETED FRONT-END ENGINEERING WORK FOR BOTH FIELDS.THE PARTIES AGREED TO NOT DISCLOSE THE VALUE OF THE ORDERS, WHICH WILL BE BOOKED IN THE FOURTH QUARTER.  Full Article

Aker BP awards Kvaerner contract close to $119 mln in value
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Kvaerner Asa ::REG-KVÆRNER ASA: KVAERNER AWARDED CONTRACT FOR VALHALL FLANK WEST.‍TODAY, AKER BP HAS AWARDED KVAERNER A CONTRACT FOR DELIVERY OF TOPSIDE AND STEEL JACKET SUBSTRUCTURE FOR VALHALL FLANK WEST​.‍CONTRACT HAS A VALUE OF CLOSE TO 1 BILLION NORWEGIAN CROWNS ($119.40 million) FOR KVAERNER​.‍THIS IS FIRST PROJECT IN WELLHEAD PLATFORM ALLIANCE, WHICH WAS ESTABLISHED IN SPRING OF 2017 BETWEEN AKER BP, KVAERNER, ABB AND AKER SOLUTIONS​.  Full Article

ABB India Sept-qtr profit up about 18 pct
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - ABB India Ltd ::Sept quarter profit 833.9 million rupees.Sept quarter total revenue from operations 19.15 billion rupees.Net profit in Sept quarter last year was 705.7 million rupees as per Ind-As; total revenue from operations was 21.98 billion rupees.  Full Article

ABB India June-qtr profit up about 35 pct
Thursday, 21 Jul 2016 

ABB India Ltd : Says June-quarter net profit 774.2 million rupees . Says June-quarter net sales 20.74 billion rupees . Consensus forecast for June-quarter net profit was 828.9 million rupees . Says net profit in June-quarter last year was 574.5 million rupees; net sales was 19.06 billion rupees . Says order backlog of 77.52 billion rupees as of June 30, 2016. . Recovering demand in automotive industry drove automation orders in June-quarter but traditional industries remained sluggish .  Full Article

BRIEF-ABB India Installs Electric Vehicle Fast Charger Station At Niti Aayog

* SAYS CO INSTALLS ELECTRIC VEHICLE FAST CHARGER STATION AT NITI AAYOG Source text - http://bit.ly/2CmLsSr Further company coverage: