ABB India Shares Surge 10%. What’s Fuelling the Rally?
6 Articles
6 Articles
Order crush, new billion-dollar deal and a radiantly satisfied CEO. Yet ABB's stock is falling on the stock exchange. But Norwegian CEO Morten Wierød is full of hope for the future – the electrification and AI trend has only just begun.
The Economic Times
Times of IndiaABB India shares surge 10%. What’s fuelling the rally?
ABB India shares rose sharply on Thursday after global parent ABB reported strong second-quarter results and a sharp rise in India order growth. The robust order momentum has raised expectations of healthy quarterly numbers from the listed company, with investors tracking whether domestic demand and execution continue to drive growth.
Stock market rally and ETF boom score BlackRock record result +++ After profit jump BASF raises annual targets on chip equipment ASML increases sales +++ The newsblog.
In the second quarter of 2026, ABB significantly increased both sales and order intake. As in the first quarter, both indicators increased in double digits.
Price-rushing ABB reports better than analysts expected. Order intake continues to surge – and breaks records. At the same time, the company announces that they are reinvesting the profit from the sale of the Robotics division in a British company. Hear the CEO on Di TV at 08.00.
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