ABB India jumps after global parent says India orders rose in March-quarter

ABB India

17/04/2025 06:51

** ABB India ABB.NS jumps 4.5%, recovering from 1.6% losses earlier in the session; set for fourth consecutive session of gains

** Global parent ABB ABBN.S posts better-than-expected March-quarter profit

** Switzerland-based ABBN says India orders rose 1% y/y in January-March vs 21% y/y drop in the previous quarter

** Over 530,000 shares of ABB India traded, above six-month avg daily volume

** YTD, ABB down 18.7%

 (Reporting by Vivek Kumar M)

 ((VivekKumar.M@thomsonreuters.com;))