Heavy electrical equipment company receives order worth Rs 173,55,00,000 from Siemens Gamesa Renewable Power Pvt Ltd

DSIJ Intelligence-1 / 29 Aug 2025/ Categories: Mindshare, Trending

Heavy electrical equipment company receives order worth Rs 173,55,00,000 from Siemens Gamesa Renewable Power Pvt Ltd

The stock is up by 60 per cent in 3 years and has given multibagger returns of over 400 per cent in 5 years.

ABB India Ltd has received a supply order worth Rs 173,55,00,00 from Siemens Gamesa Renewable Power Private Limited. The contract is for the manufacture and supply of 3.X wind turbine converters and electrical cabinets, which will be produced at ABB India's Nelamangala factory. The order, which is a domestic supply contract, will be executed through monthly deliveries beginning in January 2026 and continuing until December 2026.

About the Company

ABB India Ltd is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalisation expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this ‘Engineered to Outrun’. The company has over 140 years of history and around 110,000 employees worldwide. ABB’s shares are listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB).

DSIJ's ‘Mid Bridge’ service recommends well researched Mid-Cap stocks for smart investing. If this interests you, download the service details here.

On Friday, shares of ABB India Ltd gained 1.10 per cent to Rs 5,056.25 per share from its previous closing of Rs 5,001.05 per share. The stock’s 52-week high is Rs 8,941.45 per share and its 52-week low is Rs 4,590.05. The stock is up by 60 per cent in 3 years and has given multibagger returns of over 400 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.