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ABB India shares jump 2% after shipping first locally made wind power converter in India

ABB India dispatched its first locally manufactured wind power converter from Nelamangala facility after acquiring Gamesa Electric. The delivery strengthens India’s renewable energy manufacturing and wind power capabilities.
ABB manufacturing facility building with corporate campus view

Introduction

Leading renewable energy firm dispatches first locally manufactured wind power converter from India facility, enhancing wind, solar, and battery energy storage capabilities to support national energy targets.

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Share price movement of ABB India

On January 19, 2026, ABB India Ltd opened at ₹4,896.00, down 0.36% from its previous close of ₹4,867.15. The stock reached a high of ₹4,932.55 (1.34%) and a low of ₹4,839.05 (-0.57%). By 12:26 PM, it traded at ₹4,852.65, a 0.30% decrease, with a market cap of ₹1,02,831.72 crore.

ABB Ships First Wind Converter

ABB India dispatched its first wind power converter from the Nelamangala facility. This follows its acquisition of Gamesa Electric’s power electronics business in December 2025.

The converter was delivered to a wind turbine OEM. ABB aims to expand its renewable energy portfolio in India, including wind, solar, and battery energy storage systems.

India is the world’s 3rd largest wind manufacturing hub. ABB has delivered over 60,000 wind converters globally and will add 46 GW to its serviceable installed base.

Stock performance of ABB India for Period of 1 week, 6 months, and 1 year

ABB India Ltd delivered a -3.48% return over the past week and declined 14.7% in the past 6 months. The stock fell 25.4% over the past 1 year.

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Also Read: South Indian Bank up 6% after steady Q3 growth; profit rises to ₹374 Cr

Shareholding pattern of ABB India

ParticularsDec 2025Sep 2025Jun 2025
Promoter75.00%75.00%75.00%
FII8%8%9%
DII9%8%8%
Public8.20%8.40%8.10%

About ABB India

ABB India Ltd (NSE: ABB) is an integrated power equipment manufacturer offering automation and power technology solutions. It leverages parent ABB Ltd’s global expertise and R&D support.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is ABB India Ltd share price rising today?

A: ABB India ships first locally made wind power converter from Nelamangala facility after acquiring Gamesa Electric, boosting renewable energy capacity.

Q: What is ABB India Ltd’s main business focus?

A: ABB India Ltd focuses on automation and power technology, providing engineering, products, solutions, and services across energy and industrial sectors.

Q: What is the 52-week high and low of ABB India Ltd stock?

A: ABB India Ltd stock’s 52-week high is ₹6,596.80 and the 52-week low is ₹4,590.05.

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