Rs 33.50 Dividend Windfall Ahead: ABB Stock Down 43% From Peak, Struggles Below Key EMAs; How To Trade?

ABB India Limited is a division of ABB, a world leader in technology. Automation and electrification technologies are the company's main areas of concentration. For more than a century, ABB has operated in India. With a wide range of products for digital industries, ABB is a leading innovator in technology. has more than 130 years of inventive history. Engineering products, automation systems, and power technology services are among the company's offerings. During the last trading session, the shares of ABB India ended 0.48% lower at Rs 5,115 per share with a market cap of Rs 1,08,391.13 Cr and struggled below key EMAs ahead of dividend payout of Rs 33.50.

ABB India Dividend

The Board of Directors approved and considered "Recommendation of final dividend of Rs. 33.50 per share (Rupees Thirty-Three and Fifty Paise only), i.e., (1,675%) on 21,19,08,375 Equity Shares of face value of Rs.2/- each fully paid up for the financial year ended December 31, 2024, subject to shareholders' approval at the ensuing Annual General Meeting," said ABB India in a stock exchange filing on February 17, 2025.

The company's 75th annual general meeting is scheduled for Saturday, May 10, 2025. From May 4, 2025, until May 10, 2025 (inclusive), the company's Share Transfer Books and Register of Members will be closed in preparation for the Annual General Meeting and dividend payment, which may be announced during the 75th Annual General Meeting.

ABB India Dividend Payment & Record Date

"The dividend, if declared at the 75th Annual General Meeting, will be paid/dispatched after May 10, 2025, to those Shareholders or their mandates whose names appear as Members in the Company/s Register of Members as holders of Equity Shares as at the end of the business hours on May 3, 2025. For shares held in electronic form, the dividend will be paid to those names who appear as Beneficial Owners as at the end of the business hours on May 3, 2025 as per details to be furnished by National Securities Depository Ltd. and Central Depository Services (India) Ltd," ABB India informed stock exchanges on February 17.

ABB India News

"We wish to inform you that the meeting of Board of Directors of the Company is scheduled to be held on May 9, 2025, inter alia, to consider the Un-audited Financial Results for the quarter ending March 31, 2025. Further, we wish to inform you that as per the Code of Conduct for Prevention of Insider Trading and Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information, the trading window for dealing in the securities of the Company will be remain closed for all directors / designated employees of the Company from March 15, 2025 to May 11, 2025 (both days inclusive)," ABB India confirmed in a regulatory filing on March 14, 2025.

ABB India Share Price Target

"ABB is currently trading at ₹5,118 and has been under selling pressure since mid-October 2024. The stock has been forming lower highs and lower lows, signaling a sustained downtrend. With a decline of approximately 43% from its all-time high, the stock reflects significant weakness. Additionally, ABB has breached the critical ₹5,500 support level and is now trading below its 20-day, 50-day, and 200-day EMAs, further reinforcing the bearish outlook," Mandar Bhojane - Equity Research Analyst commented Mandar Bhojane - Equity Research Analyst at Choice Broking.

"The Relative Strength Index (RSI) stands at 39.64 and is trending flat, indicating a sideways to mildly bullish momentum within an overall downtrend. The ₹4,882 to ₹4,630 range is expected to act as a crucial support zone, as historical price action suggests strong buying interest in this area. A rebound could materialize if the stock stabilizes within this range; however, a decisive break down below ₹4,630 may accelerate selling pressure, leading to further downside. Given the prevailing market conditions, traders should exercise caution and wait for confirmation of price action before initiating new positions," Mandar Bhojane further suggested.

Disclaimer

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