Stock i9s at ATH and the triggers are as follows
1. Datacenter Theme
2. Renewable theme, renewables can have almost 8 times more electrical equipment
3. Grid upgradation theme
4. India as an Export hub for ABB.
Currently it has a OB of 8000 Cr and will get executed in 12 months. Their order growth is also 20% YoY
Apar - came out with a good set of numbers. The management has indicated some headwinds.
There is a capex demand on power sector. Maybe a good positional play
The chart is strong as well.
