ABB India Shares Skyrocket 10% Today; Here's Why
Bengaluru, July 16 -- Shares of a leading electrification and automation major came into sharp focus on Thursday after its global parent flagged a sharp jump in India order inflows for the June quarter, triggering a rally that pushed the counter to a new 52-week peak. The move followed the parent company's calendar Q2 2026 results, released earlier in the day, which highlighted India as a standout market within its broader Asia, Middle East, and Africa order performance.
With a market capitalisation of Rs. 1,67,795.54 crore, the shares of ABB India Limited peaked at Rs. 7,924.50 apiece, up 9.99 percent from its previous closing price of Rs. 7,204.70 apiece. Its P/E works out to ~56.40 times trailing earnings.
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