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Company NameReco DateReco PriceExit PriceExit Date% ReturnIn days
ITC Ltd. 28/12/2023464.20487.5002/01/2025 5.02% 1 yrs
Britannia Industries Ltd. 27/07/20234,875.805,028.2512/11/2024 3.13% 1 yrs
JSW Steel Ltd. 22/02/2024826.951,003.0026/09/2024 21.29% 217 days
Bajaj Auto Ltd. 22/08/20249,910.0011,930.0017/09/2024 20.38% 26 days
Dr. Reddy's Laboratories Ltd. 26/10/20235,429.306,536.0005/07/2024 20.38% 253 days
Shriram Finance Ltd. 25/04/20242,430.102,955.0028/06/2024 21.60% 64 days
Coal India Ltd. 25/01/2024389.50501.6022/05/2024 28.78% 118 days
Infosys Ltd. 27/10/20221,522.601,411.6019/04/2024 -7.29% 1 yrs
State Bank Of India 25/05/2023581.30782.0505/03/2024 34.53% 285 days
The Indian Hotels Company Ltd. 24/08/2023401.85517.9007/02/2024 28.88% 167 days

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ABB India opens new robotics facility; stock gains
Rishikesh Gaikwad
/ Categories: Trending

ABB India opens new robotics facility; stock gains

ABB India has opened a new robotic facility in Bengaluru. ABB Nelamangala factory premises in Bengaluru would enable the company to deliver robotic applications and digital solutions for a variety of Indian industries, including automotive, food and beverage, electronics, and other upcoming sectors.

The facility houses a state-of-the-art shop floor that can run proof of concepts and factory acceptance tests for 1,000 ABB robots every year, which doubles the company’s capacity.

The facility includes a demonstration centre where the latest technologies in robotic welding, gluing and material handling will be showcased and can be used to carry out joint prove-out sessions with customers. ABB will also integrate an ABB AbilityTM Connected Services team that can remotely monitor an installed base of ABB robots to conduct predictive maintenance and high uptime.

A new ‘customer experience centre’ is also being set up for customers to learn about the latest in robotics technology and applications, including ABB’s dedicated robot simulation and programming software, RobotStudio. Additionally, the facility will host a paint lab, where customers can run simulations of a broad range of industrial painting applications.

ABB is one of the leading suppliers of robot, robot systems, and machine as well as factory automation solutions, having shipped over 4,00,000 robot solutions across the globe.

The stock closed at 895, up by 3.22 per cent or Rs 27.90 per share. The intraday high is Rs 898 and the intraday low is Rs 866. 

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