ABB India Shows Resilience Amid Market Volatility with Notable Stock Recovery

ABB India, a prominent player in the electric equipment industry, has shown notable activity today, gaining 3.16% as of May 9, 2025. The stock opened the day with a loss of 3.85% but managed to recover, reaching an intraday high of Rs 5,447.5, reflecting a 3.3% increase from its previous close. The stock's performance today outpaced the sector by 2.65%, indicating a relative strength amidst broader market fluctuations.
In the context of the overall market, the Sensex experienced a significant gap down opening, dropping 1,366.47 points before recovering by 413.71 points, currently trading at 79,382.05, down 1.19%. While ABB India's short-term moving averages are higher than the 5-day, 20-day, and 50-day averages, they remain below the 100-day and 200-day moving averages.

Over the past month, ABB India has performed well, with a 7.98% increase compared to the Sensex's 7.52%. However, its year-to-date performance shows a decline of 21.50%, contrasting with the Sensex's modest gain of 1.62%. In the long term, ABB India has demonstrated impressive growth, with a 540.44% increase over the past five years, significantly outperforming the Sensex's 150.94% during the same period.