ABB India’s shares fell 3.7% after reporting a 20.7% YoY decline in net profit to Rs 351.7 crore for Q2CY25, despite a revenue increase of 11.8%. The company’s EBITDA also decreased by 23.7%, with a contracted margin. Weak order inflows, attributed to cyclical corrections and subdued market conditions, impacted the overall performance, although the order backlog crossed Rs 10,000 crore.
Power, Hotels & Chemicals: Dipan Mehta maps out the market’s next big opportunities
Dipan Mehta advises selective investing, favoring power infrastructure, export manufacturing, and specialty chemicals. While acknowledging the hospitality sector’s strong run, he cautions about potential headwinds.