ABB
ABB, a leading player in the power equipment (transmission and distribution) and industrial automation technology businesses, reported strong growth for the year ended December 2007, wherein revenues shot up by 39 per cent to Rs 5,930 crore (Rs 59.3 billion) and order backlog was up 49 per cent at Rs 5,020 crore (Rs 50.2 billion) followed by a 100 basis points improvement in operating margins to 12.2 per cent.
Such robust growth is expected to continue and orders are expected to flow in for the next few years, given growth in the power sector (in India as well as globally) and investments in sectors such as minerals, energy, oil and gas in emerging markets, driving demand for its automation division.
The Indian power sector is expected to witness investments of Rs 6,16,300 crore (Rs 6,163 billion) during the Eleventh Plan period (ending 2012), out of which the transmission and distribution sector ? the target market for ABB ? is allotted Rs 1,74,300 crore (Rs 1,743 billion).
After completing its $100 million capex and augmenting its manufacturing facilities, ABB has announced yet another investment of a similar amount, spread over the next 18 months. ABB's parent expects the business from its Indian operations to double by 2010, which is an indication of robust growth for ABB going forward.
§ Want to earn like Warren Buffett? 24 tips
§ Stocks to pick: ONGC, Sterlite Industies, TCS
§ How to build an ideal portfolio?
§ Mkts to see deep, long correction: Rakesh Jhunjhun...
§ Investment Idea - ZEE Entertainment Enterprises Li...
§ Why tips will never make you rich?
§ Tata Power: Full of energy
§ Long-term investors can start portfolio building
§ Buy Unitech, target Rs 432: Prime Broking
§ Tyre & Industries Ltd Target Rs.145/-
§ Bear Market? Is this a good time to invest?
§ Investment Idea - Prime Focus Ltd. plans beachhead...
§ Top midcaps: Adlabs, Parsvnath, Kotak Bank, Geojit...
§ Multi Bagger: Rain Commodities
§ Don't drive away blue-chip stocks
§ Buy Tata Steel, target Rs 1085: Emkay Research
§ The man who can’t stop praising Rakesh Jhunjhunwal...
§ What should retail investors do..
§ Nagarjuna to unlock value - Long term
§ Binani Inds - hugely undervalued
§ 5 value stocks to buy NOW
§ Alps Industries : Multibagger
§ Value picks from current market
§ Stocks for long-term investments in 2008
§ Damani's advice to investors
§ Stocks to pick - Tata steel, TCS, Petronet LNG
§ List of the BSE-100 stocks losing most from their ...
§ Lessons from January 2008
§ Zen Technologies:-The scrip to watch out for in th...
§ Find value picks from the day's biggest losers
§ Market update - big fall of 1400 points sector wis...
§ Black Monday again-Biggest ever point fall for mkt...
§ BSE smallcap index: Top gainers and losers
§ Stocks that hit their 52-week lows in todays fall
§ Sensex to see 25K by 2008-end
§ Major IT stocks touched their 52-week lows
§ HOT STOCK : GODREJ INDUSTRIES
§ JK LAKSHMI CEMENT LIMITED : Potential MULTIBAGGER
§ Parsvnath Dev eyes 120-140% bottomline growth - Pr...
§ For IT, numbers say it all
§ Will gold price crash in India?
§ Stocks to pick: Reliance capital,Axis Bank, Moser ...
§ Rakesh Jhunjhunwala's latest Portfolio
§ Tata Nano may expand market by 65%
§ Nano will drive Tata Motors to top position
§ RIL ready with $8bn for coal-based fuel project
§ Rosy Future - Stock Focus - Karuturi networks
§ Multi Bagger - XL Telecom & Energy
§ gremach infrastructure : relook
§ Great Investor theory
§ Who all are the biggest winners in the market?- In...
§ Read Before Investing
§ The Great Investor Theory
§ Good Twenty stocks for 2008
§ Should you invest in index funds?
§ Billionaires bet big on India's bio-fuel
§ Investing for early retirement
§ Sensex target for 2008 at 22k-24k
§ Watch out for the Street signs- Is This As Good As...
