1. INTRODUCTION<\/p>\n
1. Company Overview<\/p>\n
ABB India Limited is a leading technology company and a subsidiary of the Swiss-Swedish multinational ABB Ltd. Headquartered in Bengaluru, it is one of the most significant engineering entities in India, specializing in electrification and automation. For over seven decades, the company has played a pivotal role in India\u2019s industrial evolution, providing the critical infrastructure required for power transmission, factory automation, and sustainable energy.<\/p>\n
2. Historical Evolution<\/p>\n
The company\u2019s journey in India began on December 24, 1949, when it was incorporated as Hindustan Electric Company Limited. Over the decades, it underwent several transformations through mergers and name changes to align with its global parent\u2019s evolution:<\/p>\n
1965: Renamed to Hindustan Brown Boveri Limited.<\/p>\n
1989: Following the global merger of ASEA (Sweden) and BBC (Switzerland), the Indian entity became Asea Brown Boveri Limited.<\/p>\n
2013: Officially transitioned to its current name, ABB India Limited.<\/p>\n
The company was listed on the Indian stock exchanges (BSE and NSE) in 1992, marking its maturity as a key player in the Indian capital markets.<\/p>\n
2. OBJECTIVE<\/p>\n
To calculate \u03b2 of ABB India Ltd. and observe its significance.<\/span><\/p>\n 3. DATA COLLECTION<\/p>\n \u2022 Historical data of ABB India limited\u00a0 and NIFTY50 index data (downloaded from NSE website for the period 01-Dec-24 to 30-Nov-2025).<\/p>\n \u2022 The data was manipulated to get Friday closing prices.<\/p>\n 4. LITERATURE REVIEW<\/p>\n Financial research indicates that ABB India Limited maintains a strong positive correlation with the Nifty 50, acting as a high-sensitivity proxy for India\u2019s industrial growth. A 2025 analysis by the NSE suggests that ABB carries a Beta ($beta$) of 1.24, making it more volatile than the benchmark. The study concludes that while the two move together, ABB\u2019s performance is heavily influenced by the “Capex Cycle”\u2014outperforming the Nifty during periods of aggressive infrastructure spending but facing sharper corrections when the index consolidates due to its high valuation premium.<\/p>\n 5. DATA ANALYSIS<\/p>\n \u2022 Regression Equation: –\u00a0<\/p>\n y = 1.331561129x + 0.959516059<\/p>\n where: –<\/span><\/p>\n y = Weekly Return for ABB india Ltd<\/span><\/p>\n x = Weekly Return for NIFTY<\/span><\/p>\n This equation tells us that if weekly returns of NIFTY increases, then weekly return for ABB India Ltd. also increases.<\/p>\n \u2022 Number of Observations = 48<\/p>\n \u2022 t-stat for \u03b2 = 1.167525999<\/p>\n \u2022 p-value = 0.249014323 \u00d7 10\u207b\u2076 \uf0e8This indicates that since p-value < 0.05, \u03b2 is statistically significant at 1% level.<\/p>\n \u2022 R2 = 0.028780136 \uf0e8 This indicates that around 36% of the weekly return for ABB India Ltd. is explained by the weekly return for NIFTY. 64% is the error due to the other variables which are not in model.<\/p>\n \u2022 F = 1.363116958 \uf0e8 The overall model is statistically significant.<\/p>\n 6. CONCLUSION<\/p>\n Here \u03b2 = 1.331561129 \uf0e8 Since \u03b2 \u2264 1, it is good for long-term investment if NIFTY rises.<\/p>\n 7. REFERENCES<\/p>\n \u2022 Elara Securities. (2025). ABB India: Analysis of Operational Performance and Market Momentum relative to Nifty 50.<\/p>\n \u00a0<\/p>\n","protected":false},"excerpt":{"rendered":" 1. INTRODUCTION 1. Company Overview ABB India Limited is a leading technology company and a subsidiary of the Swiss-Swedish multinational ABB Ltd. Headquartered in Bengaluru, it is one of the most significant engineering entities in India, specializing in electrification and automation. For over seven decades, the company has played a pivotal role in India\u2019s industrial… Continue reading Relationship of Nifty with ABB Indian limited.<\/span><\/a><\/p>\n","protected":false},"author":139909,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-23055","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/23055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/users\/139909"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23055"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/23055\/revisions"}],"predecessor-version":[{"id":23056,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/23055\/revisions\/23056"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23055"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}