ABB India Ltd spurts 1.86%

ABB India Ltd is up for a third straight session in a row. The stock is quoting at Rs 5751.5, up 1.86% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.35% on the day, quoting at 25054.7. The Sensex is at 82084.74, up 0.4%. ABB India Ltd has dropped around 2.9% in last one month.

Meanwhile, Nifty Energy index of which ABB India Ltd is a constituent, has dropped around 1.84% in last one month and is currently quoting at 36231.65, up 0.09% on the day. The volume in the stock stood at 2.57 lakh shares today, compared to the daily average of 2.98 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 5776, up 1.92% on the day. ABB India Ltd is down 25.47% in last one year as compared to a 2.23% spurt in NIFTY and a 13.55% spurt in the Nifty Energy index.

The PE of the stock is 63.39 based on TTM earnings ending March 25.

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