ABB India stock price gains 5% on highest-ever Q4 topline
Wed, Feb 21, 2024 9:44 AM

ABB India stock price gains 5% on highest-ever Q4 topline

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ABB India, an engineering services firm, reported a 13% increase in net profit for the fourth quarter of 2023. This, combined with a 14% revenue growth and a 35% rise in order intake, led to a 5% gain in its share price. The company's strong performance was driven by deepening engagement in diverse market segments and portfolio expansion. However, its stock has only risen 5% in the past six months

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