ABB India President Suneel Kumar Munaga appointed
ABB India (ABB) said Suneel Kumar Munaga, President, has been appointed. The company is valued at about ₹1.51 lakh crore.
What happened
ABB India (ABB) told the exchanges on 6 October 2026 at 08:54 PM that Suneel Kumar Munaga, President, has been appointed.
Company snapshot
ABB India is a large-cap company in the Capital Goods sector, with a market value of about ₹1.51 lakh crore.
The stock last traded at ₹7,122.5, against a 52-week range of ₹4,637.5–₹7,924.5 (10.1% below the high).
Before this filing the shares had moved −7.3% over the month and −2.5% over three months. Average daily turnover over the last 20 sessions was about ₹124 crore.
Promoters held 75.00% at the end of Q1 FY27. Foreign institutions owned 7.67% and domestic institutions 9.90%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 3,175 | 351.7 | 16.6 |
| Q2 FY26 | 3,311 | 409 | 19.31 |
| Q3 FY26 | 3,557 | 432.9 | 20.43 |
| Q4 FY26 | 3,184 | 1,783.7 | 84.18 |
| Q1 FY27 | 3,559 | 362.3 | 17.09 |
What history shows
BCEIE's records show 2 previous management change filings from the company since May 2026.
Across 222 similar disclosures by other Capital Goods companies, shares moved +0.3% on average the next day and +0.6% over five days; 51% of them rose the next day.
Market-wide, 3,880 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 13 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- ABB Ltd (ABBNY) stock price, news, quote and history
- ABB India Announces $75 Million Investment Across Five Locations for 2026 Expansion
- ABB India Shares Crash Over 12% In 5 Days Despite 275% Profit Jump; Brokerages Cautious After Q1 CY2026 Result
- Some of the biggest shifts in AI are happening as organisations move beyond experimentation and bring AI agents into critical production workflows. At Cypher 2026, Rajesh Ramachandran, Global Chief Di
- How ABB India Became a Quiet Compounder in India’s Capex Boom
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.