BUZZ-ABB India gains after strong Q4 results

Shares of ABB India ABB.NS climb 3.9% to 5,447.6 rupees; on track to snap three-session losing streak

Engineering solutions firm's Q4 profit jumped ~56% y/y on strong demand in its electrification and motion businesses

The segments contribute 78% of total rev, which grew 22% y/y

Co also recommended a final dividend of 33.5 rupees

Over 930,000 shares traded, 2.4x the 30-day avg

Peers Siemens SIEM.NS, Cummins India CUMM.NS also reported higher quarterly profit earlier in the month

ABB, SIEM, CUMM rated "hold" on avg - data compiled by LSEG

Year-to-date, ABB, SIEM, CUMM down 21%, 25%, ~18%