ABB India Ltd Hits Intraday High with 6.39% Surge on 29 Jan 2026

Intraday Trading Highlights

On 29 Jan 2026, ABB India Ltd (Stock ID: 968623) recorded a significant intraday rally, touching a peak price of Rs 5,220.55. This represented a 6.39% gain from the previous close, substantially outpacing the Heavy Electrical Equipment sector’s average performance. The stock’s day change of 6.10% contrasted sharply with the Sensex’s decline of 0.30%, underscoring ABB India’s relative strength in a market that saw the benchmark index fall by 274.93 points to 82,094.03 after a flat opening.

ABB India’s price movement was supported by its position above key short- and medium-term moving averages, including the 5-day, 20-day, 50-day, and 100-day averages. However, it remained below the 200-day moving average, indicating some longer-term resistance. The stock has been on a positive trajectory, gaining for three consecutive days and delivering a cumulative return of 10.8% during this period.

Comparative Performance and Market Context

ABB India’s outperformance is particularly notable given the broader market conditions. The Sensex, while trading close to its 52-week high of 86,159.02, was down 0.3% on the day and remained below its 50-day moving average, though the 50DMA itself is positioned above the 200DMA, signalling a mixed technical outlook for the benchmark. Over various time frames, ABB India has shown resilience relative to the Sensex:

• 1-day: ABB India +6.10% vs Sensex -0.30%


• 1-week: ABB India +12.53% vs Sensex -0.25%


• 1-month: ABB India +3.61% vs Sensex -3.06%


• 3-month: ABB India +1.20% vs Sensex -3.41%


• Year-to-date: ABB India +3.55% vs Sensex -3.66%

Despite a negative 1-year return of -12.45%, ABB India’s longer-term performance remains strong, with gains of 91.01% over three years, 285.75% over five years, and an impressive 450.24% over ten years, all substantially outperforming the Sensex’s respective returns of 38.38%, 77.38%, and 230.11%.

Mojo Score and Rating Update

ABB India currently holds a Mojo Score of 44.0, reflecting a Sell rating, which was downgraded from Hold on 16 Jan 2026. The company’s Market Cap Grade stands at 1, indicating a relatively modest market capitalisation grade within its sector. This rating adjustment suggests a reassessment of the stock’s near-term outlook by the rating agency, despite the recent strong price action.

Sector and Industry Positioning

Operating within the Heavy Electrical Equipment industry and sector, ABB India’s recent price gains have outpaced sector averages by 3.46% on the day. This outperformance is notable given the sector’s typical sensitivity to broader industrial and infrastructure cycles. The stock’s ability to maintain levels above multiple moving averages, except the 200-day, indicates a positive short- to medium-term technical momentum within the sector context.

Trading Activity and Momentum

Trading volumes and price momentum have supported ABB India’s upward trajectory over the past three days, with a cumulative gain of 10.8%. The stock’s intraday high of Rs 5,220.55 represents a key resistance level breached during the session, signalling strong buying interest. The sustained gains over multiple days suggest that the stock is currently benefiting from favourable trading dynamics, despite the broader market’s subdued performance.

Summary of Price Trends and Moving Averages

ABB India’s price currently trades above its 5-day, 20-day, 50-day, and 100-day moving averages, signalling short- and medium-term strength. However, the stock remains below its 200-day moving average, which often acts as a longer-term trend indicator. This mixed technical picture suggests that while recent momentum is strong, the stock has yet to fully overcome longer-term resistance levels.

Market Sentiment and Broader Index Performance

The broader market environment on 29 Jan 2026 was characterised by a negative trend in the Sensex, which declined by 0.3% after a flat start. Despite this, ABB India’s strong intraday gains highlight its relative resilience and sector-specific momentum. The Sensex’s proximity to its 52-week high, being just 4.95% away, indicates a market that is near peak levels but currently experiencing some profit-taking or consolidation.

Long-Term Performance Context

While ABB India’s 1-year return stands at -12.45%, the stock’s long-term performance remains robust. Over three, five, and ten years, the stock has delivered returns of 91.01%, 285.75%, and 450.24% respectively, significantly outperforming the Sensex’s corresponding returns of 38.38%, 77.38%, and 230.11%. This long-term outperformance underscores the company’s historical growth trajectory within the Heavy Electrical Equipment sector.

Conclusion

ABB India Ltd’s strong intraday surge to Rs 5,220.55 on 29 Jan 2026, reflecting a 6.39% gain, highlights notable trading momentum amid a broadly negative market. The stock’s performance over recent days, combined with its position relative to key moving averages and sector outperformance, marks it as a significant mover within the Heavy Electrical Equipment industry on this trading session.

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