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    Buy ABB India, target price Rs 2100: Motilal Oswal

    Synopsis

    ABB India Ltd., incorporated in the year 1949, is a Large Cap company (having a market cap of Rs 37363.68 Crore) operating in Engineering sector.

    ABB
    Promoters held 75 per cent stake in the company as of June 30, 2020, while FIIs held 3.8 per cent, DIIs 11.1 per cent and public and others 10.2 per cent.
    Motilal Oswal has buy call on ABB India with a target price of Rs 2100. The current market price of ABB India Ltd. is Rs 1744.3. Time period given by analyst is one year when ABB India price can reach defined target.

    ABB India Ltd., incorporated in the year 1949, is a Large Cap company (having a market cap of Rs 37363.68 Crore) operating in Engineering sector.

    Financials
    For the quarter ended 31-03-2021, the company reported a Standalone Total Income of Rs 1654.41 Crore, down -3.54 % from last quarter Total Income of Rs 1715.13 Crore and up 5.51 % from last year same quarter Total Income of Rs 1568.02 Crore. Company reported net profit after tax of Rs 141.33 Crore in latest quarter.

    Promoter/FII Holdings
    Promoters held 75 per cent stake in the company as of June 30, 2020, while FIIs held 3.8 per cent, DIIs 11.1 per cent and public and others 10.2 per cent.



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    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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