ABB India stock jumps after announcing Q4 results and dividend
ABB India Ltd reported a Q4 revenue of ₹3,557 crore, with a net profit of ₹433 crore. The order book grew 52 percent year-on-year to ₹4,096 crore, the backlog is at ₹10,471 crore. Key wins include data center switchgear, and rail propulsion systems. A dividend of ₹29.59/share was also recommended.