ABB India shares surge over 8% after Q1 net profit jumps 87%

ABB India surged 8.5% on the BSE, hitting a new 52-week high of Rs 7,792.40. The company reported a remarkable 87% increase in net profit to Rs 460 crore in the March 2024 quarter, driven by higher revenues.

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Asian stocks tread water at the start of Fed week

Asian stocks opened cautiously as traders assessed strained China-Japan relations and upcoming central bank decisions. Investor caution grew regarding the AI rally’s sustainability, with markets