ABB India thrives amid India's capex upcycle
ABB India thrives amid India's capex upcycle – ABB India has delivered consistent growth, benefiting from strong industrial and infrastructure capex. The company reported double-digit revenue growth and improved operating margins, driven by automation and electrification demand. Orders received surged by 22% YoY, indicating robust pipeline. Profit after tax rose 18% YoY in the latest quarter.
📊 STOCKS: $ABB | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #Capex
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