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Akhilesh Jat SEBI RA

11th May · SEBI-Registered Analyst

ABB India Posts Stellar Q1 Numbers, Stock Slides Over 9% in Early Trade

ABB
reported a strong Q1CY26 performance on a consolidated basis, with net profit soaring nearly 4-fold YoY to Rs 1,784 crore compared to Rs 474.6 crore in the corresponding quarter last year. Revenue also witnessed healthy growth, rising 5.8% YoY to Rs 3,184 crore versus Rs 3,010 crore. Despite the robust earnings performance, the stock witnessed heavy selling pressure in the opening session, declining over 9% and slipping to its one-month low during intraday trade. The sharp reaction highlights cautious market sentiment and profit booking activity even after a strong quarterly earnings announcement. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.

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