ABB India’s market cap declines by Rs 4,774 crore as stock drops 3.11%

ABB India Limited saw a significant decline in its stock price on November 12, 2024, closing at Rs 7,012.90, down by 3.11% from the previous close of Rs 7,237.80. This drop resulted in a reduction of the company’s market capitalization, which now stands at Rs 1,48,609.22 crore.

Key Trade Details:

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  • Opening Price: Rs 7,296.05
  • Day’s High: Rs 7,308.75
  • Day’s Low: Rs 7,010.00
  • Last Traded Price: Rs 7,012.90 (down by Rs 224.90 or 3.11%)
  • Total Market Cap: Rs 1,48,609.22 crore
  • Free Float Market Cap: Rs 36,704.38 crore
  • Traded Volume: 3.67 lakh shares
  • Traded Value: Rs 260.91 crore

Additional Price Information:

  • 52-Week High: Rs 9,149.95 (June 18, 2024)
  • 52-Week Low: Rs 4,195.55 (November 28, 2023)
  • Daily Volatility: 2.23%
  • Annualized Volatility: 42.60%

ABB India’s market cap decline reflects the current market volatility affecting the heavy electrical equipment sector. The stock remains a part of the Nifty Next 50 index, indicating its significance in the mid-cap space.

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