BOM:500002

Nomura Adjusts ABB India's Price Target to INR6,500 from INR5,890, Keeps at Reduce

ABB India (NSE:ABB, BOM:500002) has an average rating of underweight and mean price target of 6,877.04 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

ABB India Partners Kolkata Metro for Electrification and Motion-Control Systems

ABB India (NSE:ABB, BOM:500002) said Kolkata Metro has partnered with the company to improve efficiency, reliability and safety across its expanding urban transit network, according to a Wednesday filing to the Indian stock exchanges.The company said its electrification and motion-control solutions have been deployed across key infrastructure, including stations and underground tunnels, supporting operations across both underground and elevated corridors.Shares of the company fell nearly 2% in recent trade.

Prabhudas Lilladher Downgrades ABB India to Hold from Accumulate; Price Target is INR6,523