Quality versus price

Company

09 Apr 2024 | 5 Min Read

ABB India is targeting high-growth profitable markets and has expanded its presence across 23 market segments.

The company has doubled its share of orders from high-growth segments in the last five years.

ABB India's order inflow for CY23 increased by 23% YoY, driven by orders from diverse sectors.

The company's improved gross margin and operating leverage have led to margin improvement.

ABB India has a strong focus on sustainability and has achieved significant reductions in GHG emissions and improved water recyclability.

The stock is expensive on valuations but has one of the best RoIC in the capital goods sector.