Rotork

ABB posts record Q2 orders, raises 2026 outlook again

Shares of ABB India soared nearly 10% on Thursday to hit a fresh 52-week high of Rs 7,924.50, after Swiss parent ABB Ltd reported record quarterly orders and raised its full-year 2026 revenue guidance.

ABB agrees to buy UK’s Rotork in $5.5 billion deal

Swiss industrial technology giant ABB announced on Thursday its largest-ever acquisition, agreeing to buy British flow-control equipment maker Rotork in an all-cash deal valued at an enterprise value of approximately $5.5 billion. The news sent Rotork shares surging roughly 67%…