Nomura downgrades ABB to ‘Reduce’, cuts target price to ₹4,970
Nomura has downgraded ABB India to Reduce, slashing its target price to ₹4,970 per share. The decision comes after the company’s order inflows missed estimates by 24%.
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Nomura has downgraded ABB India to Reduce, slashing its target price to ₹4,970 per share. The decision comes after the company’s order inflows missed estimates by 24%.
Explore the detailed comparison of ABB India and Siemens India, two leading industrial automation and electrical equipment companies in India. Gain insights into their financial performance, stock price performance, valuation metrics, dividend yield, and shareholding patterns.
ABB India share price jumps 8% in the morning trade today on the back of strong Q1CY24 results. ABB India stock today made an intraday high of Rs 7,784 against its previous close of Rs 7,178.
Top stocks to watch today are Titan, Sula Vineyards, ABB India, Tata Chemicals, besides others.
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