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Bloomberg Quint

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ABB India Remains Focused On New Areas, Says Motilal Oswal, Maintaining 'Buy'

  • ABB India stock has corrected in the recent past to take into account this weakness and is currently trading at 48.2x/43.4x P/E on CY26/27 estimates, Motilal Oswal reiterates Buy.
  • ABB India has grown its revenue at a 20% CAGR over the last five years and has doubled its profits over the past four years, says Motilal Oswal.
  • ABB continues to see strong potential in segments such as chemicals, pharmaceuticals, automotive, power distribution, water, electronics, and data centers, all of which are expected to attract significant investments.
  • ABB remains focused on new areas of investment, such as green hydrogen, battery storage, and data centers.

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