Latest Updates on ABB LTD
ABB India continues its bulls rally even on 10th February 2017, after company posted good Q4 numbers. Stock today closed with a gain of 2.64% Rs. 1258. with an intraday high at 1265. Technical analyst are still bullish on ABB India and indicating further strength next week too.
Swiss engineering giant ABB declared its Q4 results on 08th February 2017, net income jumped from $204 million to 489 million, but missed street expectations which were $531 million, on today trading stock is up by 2.07% closed at Rs. 1207.65, technically stock made a bullish breakout and analyst are expecting stock target around Rs. 1250.
ABB share price on 07th February 2017 closed with a gain of 5.5% at NSE. Stock opened @ 1128, made a low @ 1125.15 and then stock picked up because of traders interest and made a high @ 1194.95 and closed at 1183.15. Technical indicates ABB resistance at 1199 its recent high.