Shares of ABB India gained more than 3 percent intraday on April 5 after the automation company introduced low-voltage digital switchgear condition monitoring.
The smart condition-based monitoring will allow customers to extend maintenance intervals by up to 30 percent, said ABB in a press release.
The LV switchgear platform is based on MNS switchgear technology, which has an installed base with over 1.5 Million sections worldwide.
At 1305 hrs, ABB India was quoting Rs 1367.60, up 3.14 percent on the BSE.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
