Sell stocks of ABB – flat medium term future 0
Posted on
November 03, 2010 by
Admin
Sell stocks of ABB from medium term perspectives. ABB Ltd. recently posted a 54 per cent fall in quarterly net profit on certain exit costs in some projects and increasing pricing pressure in the market.ABB Ltd posted a net profit of Rs 38.3 crore compared to Rs 83.6 crore a year ago, on a marginal net sales drop of 4 per cent to Rs 1,446 crore in April-June quarter.Although ABB management has
Click Link To Read Article >>