Shares of ABB India surged over 4% to ₹5,599.50 on Wednesday, following the company’s latest global business update which revealed a turnaround in the Indian market. The stock opened strong and gained ₹220 intraday, reflecting investor optimism over the company’s Q1 CY25 regional performance.
India growth turns positive After a sharp year-on-year revenue contraction of -21% in Q4 CY24, ABB India’s business bounced back in Q1 CY25 with +1% YoY growth, according to the company’s global presentation. The recovery signals stabilizing demand and a pickup in project execution in the domestic market, particularly across automation and electrification segments.
Strong performance across regions Globally, ABB posted the following YoY order growth in Q1 CY25:
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The Americas: +11%, led by Brazil (+82%), Canada (+20%), and the USA (+9%)
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Europe: +1%, with Italy (+47%) and the UK (+27%) offsetting Germany’s -4% decline
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AMEA (Asia, Middle East, Africa): +4%, driven by China (+13%) and UAE (+29%)
India’s modest growth of 1% this quarter is a key recovery from the slump seen earlier, and ABB’s continued investment in the region supports long-term optimism.
ABB India stock performance
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Current Price: ₹5,599.50
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Change Today: +₹220.00 (+4.09%)
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Market Cap: ₹1.18 trillion
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Day Range: ₹5,294.50 – ₹5,599.00
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P/E Ratio: 63.13
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Dividend Yield: 0.43%
Conclusion ABB India’s rebound in Q1 CY25, coupled with a solid global performance and rising investor confidence, drove the stock higher today. Analysts will closely watch upcoming earnings and regional growth updates for sustained momentum in the coming quarters.