ABB India jumps after Swiss parent's strong quarterly results, outlook

ABB India

22/04/2026 06:23

** Shares of ABB India ABB.NS climb 5.5% to 7,655 rupees

** Swiss parent ABB ABBN.S delivers strong quarterly results and raises full-year forecast

** Says demand has remained resilient despite uncertainties triggered by the Middle East conflict

** ABBN now expects its 2026 sales to increase by a high single-digit to low double-digit percentage, up slightly from its previous view for comparable revenue growth of 6-9% for 2026

** Avg rating of 27 analysts on ABB India at "hold"; median PT is 5,992.50 rupees - LSEG compiled data

** YTD, stock up 48%

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.tandon@thomsonreuters.com))