ABB India is trading at RS. 5938.35, rising by 51.40 points or 0.87% from its previous close of RS. 5886.95 on the BSE.

The stock opened at RS. 5881.50 and recorded a high of RS. 5956.00 and a low of RS. 5830.00 during the session. A total of 9889 shares have been exchanged on the counter so far.

The BSE Group 'A' stock, with a face value of RS. 2, hit a 52-week high of RS. 9200.00 on June 18, 2024, and a 52-week low of RS. 4590.05 on April 7, 2025. Over the past week, the stock traded between RS. 5956.00 and RS. 5705.15. The company's market capitalization currently stands at RS. 125872.52 crore.

Promoters hold 75.00% of the company's shares, while institutional and non-institutional investors hold 17.30% and 7.70%, respectively.

In a significant development, ABB India has signed a Memorandum of Understanding (MoU) with Steel Authority of India (SAIL) to digitally optimize ironmaking and steelmaking operations at the Rourkela Steel Plant in Odisha. As part of the partnership, SAIL will share operational data with ABB India to develop data-driven models and create digital twins of blast furnaces and basic oxygen furnaces in the steel melt shop.

This collaboration aims to address challenges in the steel industry, such as stricter environmental norms, rising costs, and the need for operational excellence. Rourkela Steel Plant produced 4.08 million tons of saleable steel in FY 2024-25, and SAIL targets an increase to 9 million tons by 2030.

ABB India will leverage its expertise in automation and digitalization to help improve efficiency, sustainability, and cost-effectiveness in steel production.

ABB India is a global technology leader committed to advancing productivity and sustainability across industries through innovative solutions.