Home IndiaExplained: Why ABB India and Siemens shares rose up to 10% on Thursday

Explained: Why ABB India and Siemens shares rose up to 10% on Thursday

by OmarAli
access logo

Shares of ABB India Ltd. rose 10% on Thursday, July 16, after its global parent ABB Global released second-quarter results.

As part of its results announcement, ABB Global said order inflows in the Indian region increased by 81% year-on-year.

Explained Why ABB India and Siemens shares rose up to
This figure is the highest in many years. During the previous quarter, while order flows in ABB Global’s India region grew by 26%, ABB’s own order flows in India grew by 25%. In the fourth quarter of last year, these figures were 49% and 51%, respectively.

ABB Global’s order inflow in India includes both listed and unlisted companies.

This is the biggest one-day gain for ABB India since May 2024. Following this example, shares of Siemens Ltd. also rose as much as 7% before cooling off.

About 11 lakh ABB India shares have already changed hands, compared to the 20-day average of 80,000 shares at this time of day.

After the initial surge, ABB India shares are now trading 7.6% higher, having also risen 5% on Wednesday to ₹7,753. Over the year, shares have increased by 50%. On Thursday following the announcement, the stock hit an intraday high of ₹7,924, also a 52-week high.

First Published: Jul 16, 2026 11:19 AM EST.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More