Maintain SELL on ABB India – Long road to recovery – HDFC Securities

Mr. Parikshit D Kandpal, Institutional Research Analyst, HDFC Securities.
ABB India (Q1CY20): Long road to recovery. Maintain SELL
(TP Rs 755, CMP Rs 837, MCap Rs 177bn)
We maintain SELL on ABB India Ltd. (ABB) with a TP of Rs 755/sh (42x Mar-22E EPS). …
Maintain SELL on ABB India – Long road to recovery – HDFC Securities