Abb

The business is the world's second-biggest industrial robot maker after Japan's FANUC Corp and competes with rivals including Yaskawa and Germany's Kuka

Hitachi Energy picks ICICI Securities, HSBC to raise up to Rs 4,000 crore through QIP

The company plans to use the money to fund capex needs, meet working capital requirements as well as for inorganic growth opportunities

ABB India: Change in order flow mix a boon or bane?

ABB India’s playbook is poised to cash in on high growth businesses that is aiding profitability and return ratios. Will it sustain?

Capital goods firms’ results reflect varying sectoral prospects of domestic economy

Recent results of cap goods firms mirror robust infrastructure capex in the country translating into good order flows, but some near-term hiccups in orders from process industries and large orders

ABB India Q4 preview: Revenue to grow on growth in motion and electrification business

In their Q4 earnings preview report, analysts at Anand Rathi estimated that on an aggregate basis, revenue would expand annually and quarterly on better execution given the order book strength.

 ABB to power Samskip's revolutionary hydrogen-fueled container vessels

This endeavour marks a significant leap in sustainable maritime transport and comes as part of Samskip Group's vision to lead the way in eco-conscious logistics.

Tata Steel, ABB enter into tech exploration deal to reduce carbon footprint

As per the MoU, the two companies will focus on system-level assessments of Tata Steel’s manufacturing plants and production facilities to evaluate and co-develop short and long-term options for energy efficiency, decarbonisation, and circularity.

ABB sells its power conversion division for $505 million

The sale is the last part of ABB's measures to trim its portfolio of companies which saw it sell its power transmission unit Dodge and spin off its turbocharging business Accelleron to shareholders.

ABB Q2 PAT seen up 14.6% YoY to Rs. 137.5 cr: Yes Securities

Net Sales are expected to increase by 23.6 percent Y-o-Y (up 7.1 percent Q-o-Q) to Rs. 2,198 crore, according to Yes Securities.

ABB Q2 PAT seen up 48.1% YoY to Rs. 177.7 cr: Prabhudas Lilladher

Net Sales are expected to increase by 21 percent Y-o-Y (up 4.8 percent Q-o-Q) to Rs. 2,151.4 crore, according to Prabhudas Lilladher.

ABB’s timely rejig insulates it from business cyclicality

Steering away from being a pure capital goods firm catering to power and power-related businesses and moving into new-age areas such as robotics, business automation, electrification and energy-efficient solutions and services have made its portfolio more resilient to business cycles

ABB inaugurates innovation centre in Bengaluru

The state-of-the-art facility is one of ABB's largest globally, and serves as the backbone for technology developments to accelerate innovation, a company statement said.

ABB pauses intake of orders from Russia, Ukraine and Belarus

"As a result of supply chain disruptions and other logistics, ABB has temporarily paused the intake of new orders and all operational activity affected by shipments in and out of Russia, Ukraine and Belarus," it said, adding it was monitoring the situation and would comply with export control and sanction laws if and when they come into force.

ABB India says customer enquiries have increased, hopeful of private sector capex revival

The company has followed the global strategy of its parent, the Swedish-Swiss engineering multinational ABB, to move away from projects business to products. This has augured well for cash flows and revenue despite COVID-related disruptions, says Sanjeev Sharma, country head and MD, ABB India Ltd.

ABB eyes acquisitions to grow electric vehicle charging business

The business which makes fast electric chargers for cars, buses and trucks wants to spend $750 million on expanding its operations, the company said at its capital markets day on Thursday.

ABB books $80 million orders for Spanish commuter train tech

The orders include compact traction converters and high-power lithium-ion battery to power 59 double-decker commuter trains for Spain's state-owned rail operator Renfe.

ABB increases majority stake in Chinese EV charging provider

The financial terms of the transaction were not disclosed.

ABB inks pact with Zume to accelerate transition from single-use plastics

"ABB Robotics has signed an agreement to collaborate with California-based Zume, a global provider of innovative, compostable packaging. ABB will supply robotic cells that will enable Zume’s production of sustainable packaging on a global scale, helping to reduce reliance on single-use plastics," a company statement said.

EV sales are running up in India. Seven stocks to ride

In a bid to move towards cleaner energy and environment-friendly transportation, the world has been moving away from internal combustion engine (ICE)-driven vehicles to battery-driven electric vehicles (EVs). In this note, we identify companies, across the EV ecosystem, which could benefit when EV penetration starts to pick up at a faster pace

ABB launches world's fastest charger to plug into surging e-car market

The company is launching the new Terra 360 modular charger as it presses ahead with plans to float its electric vehicle (EV) charging business, which could be valued around $3 billion.

ABB to divest Mechanical Power Transmission division to RBC Bearings for $2.9 billion

The transaction will create a manufacturer of highly engineered, performance-critical bearings and motion control components, ABB said in a statement.

ABB may list electric car charging business, first-quarter profit jumps by a third

The maker of industrial motors and drives has already begun carving out its e-mobility business into a separate legal entity ahead of a potential initial public offering (IPO).

ABB Q4 PAT seen up 363.7% YoY to Rs 105.4 cr: YES Securities

Net Sales are expected to increase by 25.6 percent Y-o-Y (up 12.4 percent Q-o-Q) to Rs 1,911.9 crore, according to YES Securities.

ABB raises 2021 guidance as customers rebuild inventories

The maker of industrial robots, drives and motors, said its first quarter revenues had risen by 11% to $6.90 billion from $6.22 billion a year earlier, as customers rebuilt their inventories and customers in the commodities sectors reinvested in equipment.

ABB Q4 PAT seen up 442.4% YoY to Rs. 103.1 cr: Motilal Oswal

Net Sales are expected to increase by 18.6 percent Y-o-Y (up 6.1 percent Q-o-Q) to Rs. 1,805 crore, according to Motilal Oswal.