ABB India shares drop 6% on global parent update
ABB India shares drop 6% on global parent update after ABB Ltd’s negative update on its global performance. The parent company cited soft demand and margin pressures in key industrial markets. This impacted investor sentiment despite ABB India's strong domestic order growth.
📊 STOCKS: $ABB | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #ABB
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