• ABB India’s net income stands at 4.6 billion rupees, which is an 88% increase year-over-year, surpassing the estimate of 3.32 billion rupees.
• The revenue for this quarter is 30.8 billion rupees, indicating a growth of 28% as compared to the previous year, outperforming the estimated 28.57 billion rupees.
• Robotics revenue has seen a substantial boost, totaling 1.09 billion rupees, which reflects a year-over-year growth of 61%, above the estimated 778.8 million rupees.
• Motion revenue has moderately grown by 3.9% year-over-year, totaling 10.1 billion rupees, but has fallen short of the 11.01 billion rupees estimate.
• Electrification revenue has surged by 30% from the previous year, totaling 12.96 billion rupees, surpassing the estimated 11.06 billion rupees.
• Process Automation revenue has considerably grown by 73% year-over-year, standing at 7.26 billion rupees, which is significantly above the estimated 5.36 billion rupees.
• Total costs have increased to 25.5 billion rupees, a year-over-year growth of 18%.
• ABB India stocks have risen by 2.8% to 7,178 rupees with 509,593 shares traded.
• The company’s shares hold 12 buys, 9 holds, and 8 sells testimonials.
• The analysis is based on the values reported by the company’s original disclosures.
A look at ABB India Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
ABB India Ltd, a company specializing in engineering projects and manufacturing industrial equipment, demonstrates a promising long-term outlook based on its Smartkarma Smart Scores. With a Growth score of 5, the company is positioned for significant expansion opportunities in the future. Additionally, ABB India stands out for its high scores in Resilience and Momentum, indicating a stable and continually improving performance trajectory.
Despite moderate scores in Value and Dividend factors, ABB India Ltd‘s strong emphasis on growth, resilience, and momentum suggests a robust foundation for sustained success in the competitive market. Their focus on energy production, power transmission, and process automation further solidifies their position as a key player in the industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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